Momentum Financial Holdings Ltd operates in the Knitting mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Momentum Financial Holdings Ltd with three other
fabric manufacturers in Asia:
Bhandari Hosiery Exports Ltd
of INDIA
(2019
sales of 2.66 billion Indian Rupees [US$36.19 million]
),
Kewal Kiran Clothing Limited
of INDIA
(5.02 billion Indian Rupees [US$68.28 million]
of which 100%
was Apparel), and
Spl Industries Limited
which is
also
based in INDIA
(1.57 billion Indian Rupees [US$21.30 million]
of which 56%
was Trading of Garments).
Sales Analysis.
Momentum Financial Holdings Ltd reported sales of HK$299.53 million (US$38.65 million)
for the
year ending
December of 2019.
This
represents
an
increase of 117.6%
versus 2018, when the company's sales were HK$137.65 million.
This was the third consecutive year of growth at Momentum Financial Holdings Ltd.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Momentum Financial Holdings Ltd had sales
of HK$287.95 million.
Sales of Trading Business - Nutritional Food Prod saw an increase
of
120.5% in 2019, from
HK$133.49 million to HK$294.29 million.