Budi Starch & Sweetener Tbk PT operates in the Wet corn milling sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Budi Starch & Sweetener Tbk PT with three other
bakery and confectionary companies in Asia:
Rafhan Maize Products Co Ltd
of Pakistan
(2018
sales of 29.56 billion Pakistan Rupees [US$190.39 million]
of which 100%
was Corn & Corn Starch Products),
Quang Ngai Agricultural Products & Foodstuff Jsc
of Vietnam
(3.57 trillion Dong [US$154.40 million]
), and
Thai Wah PCL
which is
based in Thailand
(7.25 billion Thai Bahts [US$239.40 million]
of which 80%
was Starch).
Sales Analysis.
Budi Starch & Sweetener Tbk PT reported sales of 2.65 trillion Indonesian Rupiahs (US$187.69 million)
for the
year ending
December of 2018.
This
represents
an
increase of 5.4%
versus 2017, when the company's sales were 2.51 trillion Indonesian Rupiahs.
This was the fourth straight year of sales growth at Budi Starch & Sweetener Tbk PT.
The sales level in 2018 was fairly close to the level five years ago: in 2013, Budi Starch & Sweetener Tbk PT had sales
of 2.57 trillion Indonesian Rupiahs.