Hsin Yung Chien Co Ltd operates within the Conveyors and conveying equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Hsin Yung Chien Co Ltd with three other
material handling equipment manufacturers in Asia:
International Conveyors Limited
of INDIA
(2019
sales of 855.64 million Indian Rupees [US$11.56 million]
of which 92%
was Conveyor Belting),
DYPNF Co Ltd
of KOREA (SOUTH)
(165.59 billion Korean Won [US$149.86 million]
of which 100%
was Design, manufacture, installation and tr), and
NC Holdings Co Ltd
which is
based in JAPAN
(13.34 billion Japanese Yen [US$128.04 million]
).
Sales Analysis.
During the year ended December of 2019, sales at
Hsin Yung Chien Co Ltd were 1.66 billion Taiwanese Dollars (US$58.14 million).
This
is
a
decrease of 10.0%
versus 2018, when the company's sales were 1.84 billion Taiwanese Dollars .
Contributing to the drop in overall sales was the 13.3% decline
in Rubber Convey Belt, from 1.81 billion Taiwanese Dollars to 1.57 billion Taiwanese Dollars .
.
However, these declines were partially offset by the increase in sales of
Others (up 194.4% to 86.55 million Taiwanese Dollars )
.