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:
Yunfeng Financial Group Ltd
of HONG KONG
sales of 8.18 billion Hong Kong Dollars [US$1.06 billion]
of which 41%
was Insurance business),
(33.66 trillion Vietnamese Dong [US$1.45 billion]
Max Financial Services Ltd
based in INDIA
(177.56 billion Indian Rupees [US$2.35 billion]
of which 110%
was Life Insurance).
Sinar Mas Multiartha TBK PT reported sales of 41.87 trillion Indonesian Rupiahs (US$2.86 billion)
December of 2019.
increase of 12.4%
versus 2018, when the company's sales were 37.25 trillion Indonesian Rupiahs .
This was the fourth straight year of sales growth at Sinar Mas Multiartha TBK PT.
Sales of Securities Administration Fees saw an increase
that was more than double the company's growth rate: sales were up
5,207.5% in 2019, from
6.95 billion Indonesian Rupiahs to 368.87 billion Indonesian Rupiahs .
Sinar Mas Multiartha TBK PT also saw significant increases in sales in
Banking (up 43.6% to 5.39 trillion Indonesian Rupiahs )
Factoring, Consumer Financing and Lease (up 33.3% to 2.21 trillion Indonesian Rupiahs )
Corporate (up 344.2% to 6.15 trillion Indonesian Rupiahs )
Not all segments of Sinar Mas Multiartha TBK PT experienced an increase in sales in 2019:
sales of Underwriting and Selling Fees fell 97.8% to 7.47 billion Indonesian Rupiahs .
(However, this segment's sales were only a very small portion of the company's overall sales).
Sinar Mas Multiartha TBK PT also experienced decreases in sales in
Build, Trade and Service (down 38.2% to 457.34 billion Indonesian Rupiahs )