Aci Formulations Ltd operates in the Agricultural chemicals sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Aci Formulations Ltd with three other
manufacturers of fertilizers and agricultural chemicals in Asia:
Sherwood Corporation (Thailand) PCL
of THAILAND
(2020
sales of 1.30 billion Thai Bahts [US$41.67 million]
of which 60%
was Insects Repellent),
Sung Bo Chemicals Co., Ltd.
of KOREA (SOUTH)
(51.73 billion Korean Won [US$46.35 million]
of which 97%
was Manufacturing), and
Beihai Gofar Chuanshan Biological Co Ltd
which is
based in CHINA
(267.67 million Chinese Renmimbi [US$41.83 million]
of which 74%
was Pharmaceutical circulation).
Sales Analysis.
During the second
fiscal
quarter of 2021, sales at Aci Formulations Ltd totalled
1.07 billion Bangladeshi Taka.
This is
an increase of 17.9%
from the 905.69 million Bangladeshi Taka in sales at the company during the second quarter of 2020.
During the first two
fiscal
quarters of 2021, sales totalled 1.91 billion Bangladeshi Taka, which is
15.6% higher
than through the first two quarters of 2020.
Aci Formulations Ltd reported sales of 3.42 billion Bangladeshi Taka (US$40.35 million)
for the
fiscal
year ending
June of 2020.
This
represents
a
decrease of 15.5%
versus 2019, when the company's sales were 4.05 billion Bangladeshi Taka.
Contributing to the drop in overall sales was the 91.7% decline
in M Coil, from 134.21 million Bangladeshi Taka to 11.20 million Bangladeshi Taka.
There were also decreases in sales in
Cc and Ph (down 5.3% to 2.62 billion Bangladeshi Taka)
and
Aerosol (down 25.5% to 396.12 million Bangladeshi Taka)
and
Paint (down 30.5% to 382.55 million Bangladeshi Taka)
and
Unallocated (down 63.9% to 16.89 million Bangladeshi Taka)
.