Cocoaland Holdings Bhd operates within the Candy & other confectionery products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Cocoaland Holdings Bhd with three other
bakery and confectionary companies in Asia:
Labixiaoxin Snacks Group Limited
of CHINA
(2019
sales of 466.57 million Chinese Renmimbi [US$71.98 million]
of which 75%
was Jelly Products),
Hai Ha Confectionery JSC
of VIETNAM
(1.05 trillion Vietnamese Dong [US$45.41 million]
), and
Huunghi Food Jsc
which is
also
based in VIETNAM
(1.74 trillion Vietnamese Dong [US$75.32 million]
).
Sales Analysis.
During the year ended December of 2019, sales at
Cocoaland Holdings Bhd were 254.07 million Malaysian Ringgits (US$62.84 million).
This
is
a very small
increase of 0.1%
versus 2018, when the company's sales were 253.82 million Malaysian Ringgits.
Despite this increase, sales are still
below the level achieved in 2017, when Cocoaland Holdings Bhd
reported sales of 267.15 million Malaysian Ringgits.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Cocoaland Holdings Bhd had sales
of 260.76 million Malaysian Ringgits.
Sales of Trading saw an increase
that was more than double the company's growth rate: sales were up
3.4% in 2019, from
177.06 million Malaysian Ringgits to 183.01 million Malaysian Ringgits.
Not all segments of Cocoaland Holdings Bhd experienced an increase in sales in 2019:
sales of Manufacturing fell 7.4% to 71.06 million Malaysian Ringgits.