Eastern Merchants Plc operates within the Nondurable goods sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Eastern Merchants Plc with three other
miscellaneous retailers and wholesalers in Asia:
Azearth Corporation
of JAPAN
(2020
sales of 9.94 billion Japanese Yen [US$96.04 million]
of which 55%
was Environmental Procurement),
Ban Loong Holdings Ltd
of HONG KONG
(1.16 billion Hong Kong Dollars [US$149.92 million]
of which 92%
was Trading Segment), and
Sat Industries Ltd
which is
based in INDIA
(2.25 billion Indian Rupees [US$30.88 million]
of which 64%
was Stainless Steel Hose).
Sales Analysis.
During the year ended March of 2020, sales at
Eastern Merchants Plc were 2.24 billion Sri Lanka Rupees (US$11.45 million).
This
is
an
increase of 43.3%
versus 2019, when the company's sales were 1.56 billion Sri Lanka Rupees .
This was the fourth straight year of sales growth at Eastern Merchants Plc.
Sales of Export of Traditional and Non Traditional saw an increase
of
41.4% in 2020, from
1.62 billion Sri Lanka Rupees to 2.29 billion Sri Lanka Rupees .
Not all segments of Eastern Merchants Plc experienced an increase in sales in 2020:
sales of Other fell 37.2% to 3.14 million Sri Lanka Rupees .
(However, this segment's sales were only a very small portion of the company's overall sales).