Southern Acids M Bhd operates within the Industrial organic chemicals sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Southern Acids M Bhd with three other
chemical manufacturers in Asia:
Panama Petrochem Limited
sales of 7.52 billion Indian Rupees [US$116.07 million]
of which 100%
was Petroleum Products),
Bloomage BioTechnology Corp Ltd
of Hong Kong
(985.03 million Hong Kong Dollars [US$126.47 million]
of which 89%
was Production and sale of HA raw materials), and
Liaoning Kelong Fine ChemicalInc
based in China
(776.72 million Chinese Renmimbi [US$112.73 million]
of which 85%
was Concrete Admixture Business).
During the year ended March of 2016, sales at
Southern Acids M Bhd were 503.41 million Malaysian Ringgits (US$117.27 million).
decrease of 10.4%
versus 2015, when the company's sales were 562.03 million Malaysian Ringgits.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Southern Acids M Bhd had sales
of 501.37 million Malaysian Ringgits.
Contributing to the drop in overall sales was the 22.7% decline
in Private Hospital Operations, from 92.13 million Malaysian Ringgits to 71.26 million Malaysian Ringgits.
There were also decreases in sales in
Manufacturing and Marketing (down 18.8% to 284.02 million Malaysian Ringgits)
Warehouse and Bulk Conveyor Operations (down 16.7% to 7.82 million Malaysian Ringgits)
However, these declines were partially offset by the increase in sales of
Sales of Oil Palm Fruit and Crude Palm Oil (up 27.3% to 135.01 million Malaysian Ringgits)
Others (up 22.5% to 3.69 million Malaysian Ringgits)