Asian Star Company Ltd operates in the Jewelers' materials & lapidary work sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Asian Star Company Ltd with three other
jewellery companies in Asia:
Swarnsarita Gems Ltd
(2020
sales of 5.59 billion Indian Rupees [US$75.88 million]
),
Vaibhav Global Ltd
(19.86 billion Indian Rupees [US$269.56 million]
of which 100%
was Retail of fashionable & life style produ), and
Sagar Diamonds Ltd
(19.70 billion Indian Rupees [US$267.40 million]
).
Sales Analysis.
Asian Star Company Ltd reported sales of 30.53 billion Indian Rupees (US$414.28 million)
for the
fiscal
year ending
March of 2020.
This
represents
a
decrease of 16.2%
versus 2019, when the company's sales were 36.42 billion Indian Rupees .
The sales level in 2020 was fairly close to the level five years ago: in 2015, Asian Star Company Ltd had sales
of 32.21 billion Indian Rupees .
Contributing to the drop in overall sales was the 88.3% decline
in Others, from 105.79 million Indian Rupees to 12.35 million Indian Rupees .
There were also decreases in sales in
Diamonds (down 19.1% to 26.29 billion Indian Rupees )
.
However, these declines were partially offset by the increase in sales of
Jewellery (up 9.9% to 6.53 billion Indian Rupees )
.