Merit Packaging Ltd operates in the Paper coated & laminated, packaging sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Merit Packaging Ltd with three other
manufacturers of various paper products in Asia:
Sheen Tai Holdings Group Company Ltd
of CHINA
(2020
sales of 70.59 million Chinese Renmimbi [US$10.90 million]
),
Kuangchi Science Ltd
of HONG KONG
(99.48 million Hong Kong Dollars [US$12.80 million]
of which 64%
was Sale of wearable smart helmets), and
Vicem Packaging Bimson Joint Stock Company
which is
based in VIETNAM
(249.33 billion Vietnamese Dong [US$10.82 million]
).
Sales Analysis.
Merit Packaging Ltd reported sales of 2.16 billion Pakistan Rupees (US$14.12 million)
for the
fiscal
year ending
June of 2020.
This
represents
a
sharp
decrease of 24.5%
versus 2019, when the company's sales were 2.86 billion Pakistan Rupees .
The sales level in 2020 was fairly close to the level five years ago: in 2015, Merit Packaging Ltd had sales
of 2.02 billion Pakistan Rupees .