Indo Kordsa Tbk PT operates within the Tire cord and fabrics sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Indo Kordsa Tbk PT with three other
tire manufacturers in Asia:
Xingda International Holdings Ltd
sales of 7.56 billion Chinese Renmimbi [US$1.07 billion]
of which 100%
was Steel Tire Cords),
Kolon Industries, Inc
of South Korea
(4.75 trillion Korean Won [US$4.03 billion]
of which 38%
was Industrial Material), and
based in South Korea
(2.99 trillion Korean Won [US$2.54 billion]
of which 54%
was other segment).
During the year ended December of 2018, sales at
Indo Kordsa Tbk PT were 3.76 trillion Indonesian Rupiahs (US$269.33 million).
increase of 16.1%
versus 2017, when the company's sales were 3.24 trillion Indonesian Rupiahs.
This was the fifth consecutive year of sales increases at Indo Kordsa Tbk PT
(and since 2013, sales have increased a total of 79%).
Sales of Polyester Yarn saw an increase
that was more than double the company's growth rate: sales were up
78.5% in 2018, from
138.55 billion Indonesian Rupiahs to 247.35 billion Indonesian Rupiahs.
Not all segments of Indo Kordsa Tbk PT experienced an increase in sales in 2018:
sales of Nylon Yarn fell 5.5% to 223.80 billion Indonesian Rupiahs.