Federal Corporation operates in the Tires and inner tubes sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Federal with three other
tire manufacturers in Asia:
Hwa Fong Rubber Ind Co Ltd
sales of 5.74 billion Taiwanese Dollars [US$186.31 million]
of which 100%
was Rubber Manufacturer),
Stamford Tyres Corporation Limited
(238.67 million Singapore Dollars [US$173.20 million]
based in China
(1.15 billion Chinese Renmimbi [US$167.75 million]
of which 51%
was Mold Producing and Selling).
Federal reported sales of 5.59 billion Taiwanese Dollars (US$181.19 million)
December of 2017.
increase of 4.8%
versus 2016, when the company's sales were 5.33 billion Taiwanese Dollars.
Despite this increase, sales are still
below the level achieved in 2015, when Federal
reported sales of 7.54 billion Taiwanese Dollars.
Sales of America saw an increase
that was more than double the company's growth rate: sales were up
427.7% in 2017, from
125.67 million Taiwanese Dollars to 663.18 million Taiwanese Dollars.
Not all segments of Federal experienced an increase in sales in 2017:
sales of Asia fell 8.1% to 1.29 billion Taiwanese Dollars.
Federal also experienced decreases in sales in
Domestic (down 4.4% to 3.63 billion Taiwanese Dollars)