The division registered a revenue of RM66.0 million in financial year ended 31 December 2019 as compared to RM67.9 million in the preceding year, a decrease of RM1.9 million or 3%, mainly due to reduction in domestic sales revenue as a result of price competition from local competitors. Accordingly, the performance of the Group’s tapes division for the current nancial year was lower as compared to financial year ended 31 December 2018.
Below are the 15 countries that exported the highest dollar value worth of sawn wood during 2019.
1. Canada: US$6.4 billion (17.4% of sawn wood exports) 2. Russia: $4.5 billion (12.3%) 3. Sweden: $3 billion (8.3%) 4. United States: $2.8 billion (7.7%) 5. Germany: $2.3 billion (6.3%) 6. Finland: $1.9 billion (5.3%) 7. Austria: $1.6 billion (4.4%) 8. Thailand: $955.9 million (2.6%) 9. Malaysia: $814.6 million (2.2%) 10. Chile: $788.7 million (2.2%) 11. Latvia: $747.4 million (2%) 12. Brazil: $701 million (1.9%) 13. Ukraine: $619.5 million (1.7%) 14. Belgium: $606.3 million (1.7%) 15. New Zealand: $571.7 million (1.6%)
By value, the listed 15 countries shipped 77.4% of globally exported sawn wood in 2019.
Among the top exporters, the fastest-growing sawn wood exporters since 2015 were: Ukraine (up 71.5%), Brazil (up 53.9%), Russia (up 50%) and Germany (up 31.2%).
Five countries posted declines in their sales of exported sawn wood: United States (down -9.7%), Canada (down -8.1%), Chile (down -4.1%), New Zealand (down -2.4%) and Malaysia (down -0.4%
India is traditional key importer of Sarawak round logs and lumber products for decades.According to WTK, all woodworking industries in India have stopped operations due to the lockdown measures to manage the pandemic. On its plywood business, WTK said its revenue had dropped by 11% in 1Q2020 from a year ago as the average selling prices of plywood products had declined about 15% during the same period due to price competition from Indonesian and Japanese plywood producers
Q2 : April to June will be worst due to MCO , CMCO , RMCO . Housing loan and vehicle loan payment is postponed until September2020 . Wait for the 2nd Q GDP result.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Mikecyc
45,527 posts
Posted by Mikecyc > 2020-07-10 06:40 |
Post removed.Why?