Indo Kordsa Tbk PT operates within the Tire cord and fabrics sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Indo Kordsa Tbk PT with three other
tire manufacturers in Asia:
Xingda International Holdings Ltd
sales of 5.47 billion Chinese Renmimbi [US$800.85 million]
of which 100%
was Steel Tire Cords),
(46.00 billion Indian Rupees [US$712.56 million]
of which 38%
was Technical Textiles Business), and
Kolon Industries, Inc
based in South Korea
(4.56 trillion Korean Won [US$4.00 billion]
of which 38%
was Industrial Material).
During the year ended December of 2016, sales at
Indo Kordsa Tbk PT were 2.94 trillion Indonesian Rupiahs (US$221.18 million).
increase of 5.0%
versus 2015, when the company's sales were 2.80 trillion Indonesian Rupiahs.
This was the fourth straight year of sales growth at Indo Kordsa Tbk PT.
Sales of Tire Cord Fabric saw an increase
that was more than double the company's growth rate: sales were up
10.5% in 2016, from
2.34 trillion Indonesian Rupiahs to 2.59 trillion Indonesian Rupiahs.
Not all segments of Indo Kordsa Tbk PT experienced an increase in sales in 2016:
sales of Polyester Yarn fell 44.1% to 119.16 billion Indonesian Rupiahs.
Indo Kordsa Tbk PT also experienced decreases in sales in
Nylon Yarn (down 5.0% to 233.13 billion Indonesian Rupiahs)