Aida Engineering Ltd operates in the Machine tools, metal forming types sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Aida Engineering Ltd with three other
machine tool and accessory manufacturers in Asia:
Kein Hing International Berhad
of MALAYSIA
(2020
sales of 202.29 million Malaysian Ringgits [US$48.21 million]
),
Shibaura Machine Co Ltd
(116.76 billion Japanese Yen [US$1.10 billion]
of which 66%
was Molding machine business), and
L.K. Technology Holdings Ltd
which is
based in CHINA
(2.45 billion Chinese Renmimbi [US$352.96 million]
of which 69%
was Die Casting machine).
Sales Analysis.
Aida Engineering Ltd reported sales of ¥69.16 billion (US$649.40 million)
for the
fiscal
year ending
March of 2020.
This
represents
a
decrease of 17.7%
versus 2019, when the company's sales were ¥84.08 billion.
Contributing to the drop in overall sales was the 53.2% decline
in Operaitng Segment-China, from ¥13.13 billion to ¥6.15 billion.
There were also decreases in sales in
Operaitng Segment-America (down 29.0% to ¥11.47 billion)
and
Operaitng Segment-Europe (down 31.0% to ¥10.40 billion)
.
However, these declines were partially offset by the increase in sales of
Operaitng Segment-Japan (up 3.3% to ¥35.99 billion)
and
Operaitng Segment-Asia (up 4.8% to ¥5.16 billion)
.