Abans Electricals PLC operates within the Household laundry equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Abans Electricals PLC with three other
manufacturers of household appliances in Asia:
Sujana Universal Industries Limited
of India
(2019
sales of 1.15 billion Indian Rupees [US$16.17 million]
),
Tokyo Plast International Ltd
of India
(529.80 million Indian Rupees [US$7.43 million]
), and
Inflame Appliances Ltd
which is
also
based in India
(551.10 million Indian Rupees [US$7.73 million]
).
Sales Analysis.
During the year ended March of 2019, sales at
Abans Electricals PLC were 2.87 billion Sri Lanka Rupees (US$15.85 million).
This
is
a
decrease of 17.8%
versus 2018, when the company's sales were 3.49 billion Sri Lanka Rupees.
Contributing to the drop in overall sales was the 22.4% decline
in Manufacturing, from 2.63 billion Sri Lanka Rupees to 2.04 billion Sri Lanka Rupees.
There were also decreases in sales in
Services (down 3.8% to 828.03 million Sri Lanka Rupees)
.