Sinar Mas Multiartha TBK PT operates in the Hospital and medical service plans sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Sinar Mas Multiartha TBK PT with three other
insurance companies in Asia:
Syarikat Takaful Malaysia Keluarga Bhd
sales of 2.48 billion Malaysian Ringgits [US$603.19 million]
Max Financial Services Ltd
(212.29 billion Indian Rupees [US$2.89 billion]
of which 86%
was Life Insurance), and
Yunfeng Financial Group Ltd
based in HONG KONG
(10.59 billion Hong Kong Dollars [US$1.36 billion]
of which 40%
was Insurance business).
Sinar Mas Multiartha TBK PT reported sales of 38.07 trillion Indonesian Rupiahs (US$2.68 billion)
December of 2020.
decrease of 9.1%
versus 2019, when the company's sales were 41.87 trillion Indonesian Rupiahs .
Contributing to the drop in overall sales was the 97.5% decline
in Securities Administration Fees, from 368.87 billion Indonesian Rupiahs to 9.38 billion Indonesian Rupiahs .
There were also decreases in sales in
Banking (down 14.3% to 4.62 trillion Indonesian Rupiahs )
Underwriting Insurance (down 93.2% to 2.09 trillion Indonesian Rupiahs )
Corporate (down 84.0% to 986.11 billion Indonesian Rupiahs )
However, these declines were partially offset by the increase in sales of
Factoring, Consumer Financing and Lease (up 1,342.2% to 31.82 trillion Indonesian Rupiahs )
Build, Trade and Service (up 24.1% to 567.69 billion Indonesian Rupiahs )
Underwriting and Selling Fees (up 5,258.2% to 400.15 billion Indonesian Rupiahs )