Furniweb Holdings Ltd operates within the Finishing plants sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Furniweb Holdings Ltd with three other
fabric manufacturers in Asia:
Evertex Fabrinology Ltd
sales of 630.76 million Taiwanese Dollars [US$22.81 million]
of which 54%
Asia Television Holdings Ltd
(154.10 million Chinese Renmimbi [US$24.08 million]
G-Fun Industrial Corporation
based in TAIWAN
(628.81 million Taiwanese Dollars [US$22.74 million]
Sales were up sharply during the first
quarter of 2021 versus the previous year's first quarter.
During the first
quarter of 2021, sales at Furniweb Holdings Ltd totalled
an increase of 99.2%
from the HK$47.08 million in sales at the company during the first quarter of 2020.
This was the biggest same quarter rise in sales at Furniweb Holdings Ltd in the previous 18 quarters.
There appears to be at least some degree of seasonality in the sales at Furniweb Holdings Ltd: during 4 of the previous 5
years, sales were highest during the fourth quarter.
The exception to this was during 2017, when the
second quarter was the best quarter, accounting for
28% of sales (during that same year, the
fourth quarter accounted for 22% of sales).
During the year ended December of 2020, sales at
Furniweb Holdings Ltd were HK$183.52 million (US$23.65 million).
decrease of 23.0%
versus 2019, when the company's sales were HK$238.37 million.
The sales level in 2020 was fairly close to the level five years ago: in 2015, Furniweb Holdings Ltd had sales
of HK$176.49 million.
Contributing to the drop in overall sales was the 55.0% decline
in Retail, from HK$12.07 million to HK$5.44 million.
There were also decreases in sales in
Manufacturing (down 21.8% to HK$176.95 million)
However, these declines were partially offset by the increase in sales of
Other Products (up 2,028.0% to HK$1.13 million)