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:
sales of 38.05 trillion Dong [US$1.64 billion]
of which 56%
was Life Insurance),
Max India Ltd
(15.07 billion Indian Rupees [US$211.37 million]
of which 57%
was Healthcare Businees), and
Max Financial Services Ltd
based in India
(165.95 billion Indian Rupees [US$2.33 billion]
of which 100%
was Life Insurance).
Sinar Mas Multiartha TBK PT reported sales of 37.25 trillion Indonesian Rupiahs (US$2.66 billion)
December of 2018.
increase of 13.7%
versus 2017, when the company's sales were 32.77 trillion Indonesian Rupiahs.
This was the third consecutive year of growth at Sinar Mas Multiartha TBK PT.
Sales of Underwriting Insurance saw an increase
15.7% in 2018, from
26.72 trillion Indonesian Rupiahs to 30.90 trillion Indonesian Rupiahs.
Not all segments of Sinar Mas Multiartha TBK PT experienced an increase in sales in 2018:
sales of Build, Trade and Service fell 20.9% to 740.32 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
Corporate (down 6.3% to 1.39 trillion Indonesian Rupiahs)