IRICO Group New Energy Co Ltd operates in the Electronic components sector.
In addition to historical fundamental analyses, the complete report available to purchase compares IRICO Group New Energy Co Ltd with three other
companies in this sector in Hong Kong:
Panasialum Holdings Co Ltd
sales of 1.64 billion Hong Kong Dollars [US$209.73 million]
of which 48%
was Construction and industrial products),
Boe Varitronix Ltd
(3.18 billion Hong Kong Dollars [US$405.78 million]
of which 100%
was Cystal Displays), and
Valuetronics Holdings Limited
(2.85 billion Hong Kong Dollars [US$364.44 million]
of which 51%
was Industrial and Commercial Electronics).
IRICO Group New Energy Co Ltd reported sales of HK$2.76 billion (US$352.55 million)
December of 2018.
a very small
increase of 0.9%
versus 2017, when the company's sales were HK$2.74 billion.
This was the third consecutive year of growth at IRICO Group New Energy Co Ltd.
The sales level in 2018 was fairly close to the level five years ago: in 2013, IRICO Group New Energy Co Ltd had sales
of HK$2.88 billion.
Sales of New Materials Business saw an increase
that was more than double the company's growth rate: sales were up
45.0% in 2018, from
HK$369.22 million to HK$535.19 million.
IRICO Group New Energy Co Ltd also saw significant increases in sales in
Solar Photovoltaic Business (up 5.2% to HK$2.05 billion)
Not all segments of IRICO Group New Energy Co Ltd experienced an increase in sales in 2018:
sales of Trading Business fell 69.7% to HK$127.10 million.