Kayee International Group Co Ltd operates in the Homefurnishings sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Kayee International Group Co Ltd with three other
furniture and home furnishing stores in Asia:
Yoong Onn Corporation Berhad
of MALAYSIA
(2020
sales of 201.71 million Malaysian Ringgits [US$48.51 million]
),
King's Flair International (Holdings) Ltd
of HONG KONG
(1.31 billion Hong Kong Dollars [US$168.55 million]
of which 92%
was Trading of Kitchenware and Household pro), and
Goyo Intex Co., Ltd.
which is
based in JAPAN
(1.21 billion Japanese Yen [US$10.55 million]
of which 99%
was Upholstery Related).
Sales Analysis.
Sales levels dropped significantly in the second
quarter of 2021 versus the previous year's second quarter.
During the second
quarter of 2021, sales at Kayee International Group Co Ltd totalled
178.06 million Taiwanese Dollars .
This is a drop of 67.5%
from the 547.08 million Taiwanese Dollars in sales at the company during the second quarter in 2020.
During the first two
quarters of 2021, sales totalled 500.29 million Taiwanese Dollars , which is
45.2% lower
than through the first two quarters of 2020.
Kayee International Group Co Ltd reported sales of 1.84 billion Taiwanese Dollars (US$65.65 million)
for the
year ending
December of 2020.
This
represents
a
decrease of 18.1%
versus 2019, when the company's sales were 2.24 billion Taiwanese Dollars .
Contributing to the drop in overall sales was the 54.5% decline
in Others, from 9.32 million Taiwanese Dollars to 4.24 million Taiwanese Dollars .
There were also decreases in sales in
Kitchen Supplies (down 14.1% to 796.12 million Taiwanese Dollars )
and
Electric Products (down 48.9% to 292.85 million Taiwanese Dollars )
and
Home Supplies (down 53.9% to 252.69 million Taiwanese Dollars )
.
However, these declines were partially offset by the increase in sales of
Body Maintenance (up 162.5% to 474.00 million Taiwanese Dollars )
and
Sports Equipment (up 149.8% to 17.89 million Taiwanese Dollars )
.