Damsan JSC operates within the Yarn spinning mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Damsan JSC with three other
fabric manufacturers in Asia:
Din Textile Mill Ltd
of PAKISTAN
(2019
sales of 11.56 billion Pakistan Rupees [US$72.02 million]
),
Hong Yi Fiber Industry Co.,Ltd
of TAIWAN
(1.92 billion Taiwanese Dollars [US$68.52 million]
of which 100%
was Polyester processing wire), and
Patspin India Limited
which is
based in INDIA
(5.49 billion Indian Rupees [US$74.93 million]
).
Sales Analysis.
During the year ended December of 2019, sales at
Damsan JSC were 1.71 trillion Vietnamese Dong (US$73.83 million).
This
is
a
decrease of 7.3%
versus 2018, when the company's sales were 1.84 trillion Vietnamese Dong .
Contributing to the drop in overall sales was the 22.5% decline
in Other Activities, from 14.28 billion Vietnamese Dong to 11.07 billion Vietnamese Dong .
There were also decreases in sales in
Yarn (down 11.1% to 1.04 trillion Vietnamese Dong )
and
Cotton (down 20.7% to 191.34 billion Vietnamese Dong )
.
However, these declines were partially offset by the increase in sales of
Towel (up 1.8% to 276.05 billion Vietnamese Dong )
and
Real Estate (up 29.5% to 190.43 billion Vietnamese Dong )
.