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 4.74 billion Chinese Renmimbi [US$731.66 million]
(45.40 billion Indian Rupees [US$683.25 million]
of which 45%
was Technical Textiles Business), and
Kolon Industries, Inc
based in South Korea
(4.86 trillion Korean Won [US$4.24 billion]
of which 36%
was Industrial Material).
During the year ended December of 2015, sales at
Indo Kordsa Tbk PT were 2.80 trillion Indonesian Rupiahs (US$212.06 million).
increase of 13.5%
versus 2014, when the company's sales were 2.46 trillion Indonesian Rupiahs.
This was the third consecutive year of growth at Indo Kordsa Tbk PT.
Sales of Polyester Yarn saw an increase
that was more than double the company's growth rate: sales were up
121.0% in 2015, from
96.49 billion Indonesian Rupiahs to 213.27 billion Indonesian Rupiahs.
Not all segments of Indo Kordsa Tbk PT experienced an increase in sales in 2015:
sales of Nylon Yarn fell 7.1% to 245.41 billion Indonesian Rupiahs.