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:
Kolon Industries, Inc
of South Korea
sales of 5.26 trillion Korean Won [US$5.19 billion]
of which 30%
was Industrial Material),
(37.69 billion Indian Rupees [US$622.63 million]
of which 57%
was Technical Textile), and
Xingda International Holdings Ltd
based in China
(5.59 billion Chinese Renmimbi [US$909.22 million]
of which 100%
was Steel Tire Cords).
During the year ended December of 2013, sales at
Indo Kordsa Tbk PT were 2.10 trillion Indonesian Rupiahs (US$179.61 million).
increase of 28.9%
versus 2012, when the company's sales were 1.63 trillion Indonesian Rupiahs.
Sales of Tire Cord Fabric saw an increase
35.9% in 2013, from
1.34 trillion Indonesian Rupiahs to 1.82 trillion Indonesian Rupiahs.
Not all segments of Indo Kordsa Tbk PT experienced an increase in sales in 2013:
sales of Polyester Yarn fell 90.7% to 33.13 billion Indonesian Rupiahs.
Indo Kordsa Tbk PT also experienced decreases in sales in
Nylon Yarn (down 26.1% to 249.32 billion Indonesian Rupiahs)