Sinmag Bakery Machine Corporation operates in the Food products machinery sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Sinmag Bakery Machine with three other
food processing equipment manufacturers in Asia:
Suzumo Machinery Co Ltd
sales of 9.11 billion Japanese Yen [US$83.74 million]
of which 92%
was Rice Processing Machinery),
CB Industrial Product Holdings Bhd
(478.09 million Malaysian Ringgits [US$114.08 million]
of which 71%
was Equipment and Engineering), and
Kitazawa Sangyo Co., Ltd.
based in Japan
(17.74 billion Japanese Yen [US$162.99 million]
Sinmag Bakery Machine reported sales of 4.31 billion Taiwanese Dollars (US$140.79 million)
December of 2018.
decrease of 6.5%
versus 2017, when the company's sales were 4.61 billion Taiwanese Dollars.
The sales level in 2018 was fairly close to the level five years ago: in 2013, Sinmag Bakery Machine had sales
of 3.95 billion Taiwanese Dollars.
Contributing to the drop in overall sales was the 9.3% decline
in Production and Sales of Food Processing , from 5.93 billion Taiwanese Dollars to 5.38 billion Taiwanese Dollars.
There were also decreases in sales in
Production and Sales of Control Instrume (down 8.9% to 96.11 million Taiwanese Dollars)