Bata Shoe Company (Bangladesh) Ltd operates in the Footwear, except rubber sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Bata Shoe Company (Bangladesh) Ltd with three other
shoe manufacturers in Asia:
Jimu Group Ltd
of HONG KONG
(2020
sales of 83.29 million Hong Kong Dollars [US$10.70 million]
of which 69%
was Footwear Business),
Sepatu Bata Tbk PT
of INDONESIA
(459.58 billion Indonesian Rupiahs [US$32.22 million]
of which 93%
was Retail), and
Pan Asia Footwear PCL
which is
based in THAILAND
(607.44 million Thai Bahts [US$18.16 million]
).
Sales Analysis.
Sales were up sharply during the second
quarter of 2021 versus the previous year's second quarter.
During the second
quarter of 2021, sales at Bata Shoe Company (Bangladesh) Ltd totalled
2.17 billion Bangladeshi Taka.
This is
an increase of 426.3%
from the 412.46 million Bangladeshi Taka in sales at the company during the second quarter of 2020.
This was the biggest same quarter rise in sales at Bata Shoe Company (Bangladesh) Ltd in the previous 32 quarters.
During the first two
quarters of 2021, sales totalled 4.01 billion Bangladeshi Taka, which is
95.9% higher
than through the first two quarters of 2020.
Bata Shoe Company (Bangladesh) Ltd reported sales of 5.08 billion Bangladeshi Taka (US$59.74 million)
for the
year ending
December of 2020.
This
represents
a
sharp
decrease of 40.7%
versus 2019, when the company's sales were 8.57 billion Bangladeshi Taka.
Contributing to the drop in overall sales was the 40.7% decline
in Domestic, from 8.56 billion Bangladeshi Taka to 5.07 billion Bangladeshi Taka.
There were also decreases in sales in
All Other Segments (down 16.2% to 11.32 million Bangladeshi Taka)
.