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
(2020
sales of 2.77 billion Indian Rupees [US$36.98 million]
),
Huunghi Garment JSC
of VIETNAM
(900.00 billion Vietnamese Dong [US$39.51 million]
), and
Thai Textile Industry PCL
which is
based in THAILAND
(1.90 billion Thai Bahts [US$56.97 million]
).
Sales Analysis.
Sales were up sharply during the second
quarter of 2021 versus the previous year's second quarter.
During the second
quarter of 2021, sales at Momentum Financial Holdings Ltd totalled
HK$422.37 million.
This is
an increase of 308.6%
from the HK$103.37 million in sales at the company during the second quarter of 2020.
Momentum Financial Holdings Ltd reported sales of HK$353.96 million (US$45.50 million)
for the
year ending
December of 2020.
This
represents
an
increase of 18.2%
versus 2019, when the company's sales were HK$299.53 million.
This was the fourth straight year of sales growth at Momentum Financial Holdings Ltd.
Sales of Finance Leasing saw an increase
of
15.7% in 2020, from
HK$5.23 million to HK$6.06 million.