Aftab Automobiles Ltd operates in the Motor vehicles and car bodies sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Aftab Automobiles Ltd with three other
automobile manufacturers in Asia:
Cho Thavee PCL
of THAILAND
(2020
sales of 627.48 million Thai Bahts [US$18.76 million]
),
Rasandik Engineering Industries India Limited
of INDIA
(2.08 billion Indian Rupees [US$28.13 million]
), and
ENPlus Co Ltd
which is
based in KOREA (SOUTH)
(27.45 billion Korean Won [US$23.28 million]
of which 100%
was Special Vehicle).
Sales Analysis.
Sales levels dropped significantly in the second
fiscal
quarter of 2021 versus the previous year's second quarter.
During the second
fiscal
quarter of 2021, sales at Aftab Automobiles Ltd totalled
246.90 million Bangladeshi Taka.
This is a drop of 54.1%
from the 537.78 million Bangladeshi Taka in sales at the company during the second quarter in 2020.
During the first two
fiscal
quarters of 2021, sales totalled 578.23 million Bangladeshi Taka, which is
53.8% lower
than through the first two quarters of 2020.
Aftab Automobiles Ltd reported sales of 1.95 billion Bangladeshi Taka (US$22.88 million)
for the
fiscal
year ending
June of 2020.
This
represents
a
sharp
decrease of 30.9%
versus 2019, when the company's sales were 2.82 billion Bangladeshi Taka.