Shandong Ruyi Woolen Garment Group Co Ltd operates within the Narrow fabric mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shandong Ruyi Woolen Garment Group Co Ltd with three other
fabric manufacturers in Asia:
Paiho Shih Holdings Corporation
of TAIWAN
(2019
sales of 6.57 billion Taiwanese Dollars [US$222.90 million]
of which 80%
was Apparel & Accessories),
Gene One Life Science Inc
of KOREA (SOUTH)
(41.24 billion Korean Won [US$34.40 million]
of which 60%
was Pharmaceuticals), and
Omikenshi Co., Ltd.
which is
based in JAPAN
(9.75 billion Japanese Yen [US$90.64 million]
).
Sales Analysis.
During the year ended December of 2019, sales at
Shandong Ruyi Woolen Garment Group Co Ltd were 1.15 billion Chinese Renmimbi (US$162.15 million).
This
is
a
decrease of 13.4%
versus 2018, when the company's sales were 1.33 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 35.5% decline
in Wool Textile Industry, from 482.97 million Chinese Renmimbi to 311.33 million Chinese Renmimbi.
There were also decreases in sales in
Other (down 33.0% to 35.83 million Chinese Renmimbi)
.
However, these declines were partially offset by the increase in sales of
Garment Industry (up 1.5% to 802.94 million Chinese Renmimbi)
.