Merry Electronics Co Ltd operates within the Household audio and video equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Merry Electronics Co Ltd with three other
audio-visual equipment producers in Asia:
Foster Electric Company, Limited
sales of 140.30 billion Japanese Yen [US$1.34 billion]
of which 50%
was Speaker Business),
Maxell Holdings Ltd
(150.58 billion Japanese Yen [US$1.44 billion]
of which 40%
was Consumer electronics), and
Tonly Electronics Holdings Ltd
based in HONG KONG
(8.15 billion Hong Kong Dollars [US$1.05 billion]
of which 99%
was Sale of Goods).
During the year ended December of 2019, sales at
Merry Electronics Co Ltd were 36.40 billion Taiwanese Dollars (US$1.28 billion).
increase of 2.5%
versus 2018, when the company's sales were 35.49 billion Taiwanese Dollars .
This was the fourth straight year of sales growth at Merry Electronics Co Ltd.
Sales of Other Operations saw an increase
that was more than double the company's growth rate: sales were up
100.6% in 2019, from
619.69 million Taiwanese Dollars to 1.24 billion Taiwanese Dollars .
Merry Electronics Co Ltd also saw significant increases in sales in
Singapore (up 3.9% to 4.19 billion Taiwanese Dollars )
Not all segments of Merry Electronics Co Ltd experienced an increase in sales in 2019:
sales of Shenzhen fell 23.9% to 324.05 million Taiwanese Dollars .
(However, this segment's sales were only a very small portion of the company's overall sales).