Shandong Tongda Island New Materials Co Ltd operates within the Finishing plants, manmade sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shandong Tongda Island New Materials Co Ltd with three other
fabric manufacturers in Asia:
Duksung Company Limited
of KOREA (SOUTH)
sales of 86.73 billion Korean Won [US$74.59 million]
of which 94%
was Korea Segment),
Mahalaxmi Rubtech Limited
(1.86 billion Indian Rupees [US$25.28 million]
Jasch Industries Limited
based in INDIA
(1.78 billion Indian Rupees [US$24.20 million]
of which 60%
was Synthetic Leather & Allied Products).
During the year ended December of 2019, sales at
Shandong Tongda Island New Materials Co Ltd were 456.16 million Chinese Renmimbi (US$67.36 million).
decrease of 2.7%
versus 2018, when the company's sales were 469.00 million Chinese Renmimbi.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Shandong Tongda Island New Materials Co Ltd had sales
of 490.74 million Chinese Renmimbi.
Contributing to the drop in overall sales was the 36.6% decline
in Others, from 40.75 million Chinese Renmimbi to 25.84 million Chinese Renmimbi.
There were also decreases in sales in
Microfiber Smooth Leather (down 4.1% to 153.18 million Chinese Renmimbi)
Microfiber Suede (down 7.0% to 139.22 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Microfiber Base Cloth (up 15.7% to 136.91 million Chinese Renmimbi)
Leftovers (up 80.4% to 1.20 million Chinese Renmimbi)