Sinar Mas Multiartha TBK PT operates in the Hospital and medical service plans sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Sinar Mas Multiartha TBK PT with three other
insurance companies in Asia:
sales of 17.86 trillion Dong [US$791.01 million]
of which 57%
was Life Insurance),
BaoMinh Insurance Corp
(2.49 trillion Dong [US$110.20 million]
Dream Incubator Incorporated
based in Japan
(13.34 billion Japanese Yen [US$116.35 million]
of which 48%
was Insurance Business).
Sinar Mas Multiartha TBK PT reported sales of 13.19 trillion Indonesian Rupiahs (US$987.58 million)
December of 2015.
decrease of 7.7%
versus 2014, when the company's sales were 14.29 trillion Indonesian Rupiahs.
The sales level in 2015 was fairly close to the level five years ago: in 2010, Sinar Mas Multiartha TBK PT had sales
of 13.80 trillion Indonesian Rupiahs.
Contributing to the drop in overall sales was the 33.1% decline
in Underwriting and Selling Fees, from 272.02 billion Indonesian Rupiahs to 181.85 billion Indonesian Rupiahs.
There were also decreases in sales in
Underwriting Insurance (down 12.9% to 9.91 trillion Indonesian Rupiahs)
Securities Administration Fees (down 32.8% to 3.69 billion Indonesian Rupiahs)
However, these declines were partially offset by the increase in sales of
Banking (up 38.8% to 2.82 trillion Indonesian Rupiahs)
Factoring, Consumer Financing and Lease (up 2.3% to 781.62 billion Indonesian Rupiahs)
Build, Trade and Service (up 43.8% to 541.58 billion Indonesian Rupiahs)