Sung Bo Chemicals Co., Ltd. operates in the Agricultural chemicals sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Sung Bo Chemicals Co., Ltd. with three other
manufacturers of fertilizers and agricultural chemicals in Asia:
Beihai Gofar Chuanshan Biological Co Ltd
of CHINA
(2020
sales of 267.67 million Chinese Renmimbi [US$41.94 million]
of which 74%
was Pharmaceutical circulation),
Sugai Chemical Industry Co., Ltd.
of JAPAN
(5.52 billion Japanese Yen [US$48.37 million]
of which 52%
was Agrochemical intermediate), and
Sherwood Corporation (Thailand) PCL
which is
based in THAILAND
(1.30 billion Thai Bahts [US$39.02 million]
of which 60%
was Insects Repellent).
Sales Analysis.
During the second
quarter of 2021, sales at Sung Bo Chemicals Co., Ltd. totalled
11.40 billion Korean Won .
This is
an increase of 7.2%
from the 10.63 billion Korean Won in sales at the company during the second quarter of 2020.
During the first two
quarters of 2021, sales totalled 49.90 billion Korean Won , which is
11.5% higher
than through the first two quarters of 2020.
Sales at Sung Bo Chemicals Co., Ltd. appear to have some seasonality: during each of the previous 8
years, sales have been highest during the first quarter, which has accounted for
between 57.9% and 82.0%
of the annual
sales.
Sung Bo Chemicals Co., Ltd. reported sales of 51.73 billion Korean Won (US$44.28 million)
for the
year ending
December of 2020.
This
represents
an
increase of 23.6%
versus 2019, when the company's sales were 41.86 billion Korean Won .
The sales level in 2020 was fairly close to the level five years ago: in 2015, Sung Bo Chemicals Co., Ltd. had sales
of 56.05 billion Korean Won .
Sales of Manufacturing saw an increase
of
24.6% in 2020, from
40.22 billion Korean Won to 50.10 billion Korean Won .
Not all segments of Sung Bo Chemicals Co., Ltd. experienced an increase in sales in 2020:
sales of Other fell 95.7% to 70.02 million Korean Won .
(However, this segment's sales were only a very small portion of the company's overall sales).