Paninvest Tbk PT operates in the Life insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Paninvest Tbk PT with three other
companies in this sector in INDONESIA :
Asuransi Jiwa Sinarmas MSIG Tbk PT
sales of 4.50 trillion Indonesian Rupiahs [US$302.21 million]
of which 100%
was Insurance & Related Activities),
Panin Financial Tbk PT
(4.54 trillion Indonesian Rupiahs [US$304.76 million]
of which 100%
was Insurance & Related Activities), and
Maskapai Reasuransi Indonesia Tbk PT
(1.60 trillion Indonesian Rupiahs [US$107.42 million]
of which 54%
Paninvest Tbk PT reported sales of 4.67 trillion Indonesian Rupiahs (US$313.26 million)
December of 2019.
increase of 2.2%
versus 2018, when the company's sales were 4.57 trillion Indonesian Rupiahs .
Despite this increase, sales are still
below the level achieved in 2017, when Paninvest Tbk PT
reported sales of 5.38 trillion Indonesian Rupiahs .
The sales level in 2019 was fairly close to the level five years ago: in 2014, Paninvest Tbk PT had sales
of 4.75 trillion Indonesian Rupiahs .
Sales of Trading and Services saw an increase
that was more than double the company's growth rate: sales were up
2,517.5% in 2019, from
3.84 billion Indonesian Rupiahs to 100.62 billion Indonesian Rupiahs .
Paninvest Tbk PT also saw significant increases in sales in
Tourism (up 28.4% to 205.00 billion Indonesian Rupiahs )
Not all segments of Paninvest Tbk PT experienced an increase in sales in 2019:
sales of Life Insurance fell 0.9% to 4.36 trillion Indonesian Rupiahs .