Synergy Group Holdings International Ltd operates in the Homefurnishings sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Synergy Group Holdings International Ltd with three other
furniture and home furnishing stores in Asia:
E Lighting Group Holdings Ltd
(2020
sales of 69.52 million Hong Kong Dollars [US$8.97 million]
of which 96%
was Lighting and furniture business),
Kitchen Culture Holdings Ltd
of SINGAPORE
(15.22 million Singapore Dollars [US$11.45 million]
), and
Goyo Intex Co., Ltd.
which is
based in JAPAN
(1.21 billion Japanese Yen [US$11.64 million]
of which 99%
was Upholstery Related).
Sales Analysis.
Synergy Group Holdings International Ltd reported sales of HK$126.55 million (US$16.32 million)
for the
fiscal
year ending
March of 2020.
This
represents
a
sharp
decrease of 48.7%
versus 2019, when the company's sales were HK$246.54 million.
Contributing to the drop in overall sales was the 53.8% decline
in Trading of Energy Saving Products, from HK$208.25 million to HK$96.12 million.
There were also decreases in sales in
Consulting Service (down 11.6% to HK$19.27 million)
and
Leasing Service of Lighting Systems (down 27.3% to HK$11.16 million)
.