Innox Corporation operates within the Motorcycles, bicycles, and parts sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Innox with three other
motorcycle manufacturers in Asia:
Joy Industrial Co Ltd
of TAIWAN
(2019
sales of 1.10 billion Taiwanese Dollars [US$39.42 million]
),
Alton Sports Company Limited
(31.19 billion Korean Won [US$28.29 million]
), and
Sun Race Sturmey-Archer Inc
which is
based in TAIWAN
(1.13 billion Taiwanese Dollars [US$40.47 million]
of which 92%
was Domestic).
Sales Analysis.
During the year ended December of 2019, sales at
Innox were 33.51 billion Korean Won (US$30.40 million).
This
is
a
sharp
decrease of 34.4%
versus 2018, when the company's sales were 51.12 billion Korean Won .
Contributing to the drop in overall sales was the 37.1% decline
in Bike Manufacturing, from 48.86 billion Korean Won to 30.75 billion Korean Won .
.
However, these declines were partially offset by the increase in sales of
Investment (up 21.3% to 10.79 billion Korean Won )
.