Tan Chong Motor Holdings Berhad operates in the Motor vehicles and car bodies sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Tan Chong Motor Holdings Berhad with three other
automobile manufacturers in Asia:
Hanma Technology Group Co Ltd
of CHINA
(2019
sales of 6.38 billion Chinese Renmimbi [US$968.27 million]
of which 96%
was Processing and manufacturing),
Zhongtong Bus&Holding Co., Ltd.
of CHINA
(6.74 billion Chinese Renmimbi [US$1.02 billion]
of which 98%
was Bus), and
Indus Motors Co Ltd
which is
based in PAKISTAN
(158.00 billion Pakistan Rupees [US$984.32 million]
of which 94%
was Manufacturing).
Sales Analysis.
Tan Chong Motor Holdings Berhad reported sales of 4.17 billion Malaysian Ringgits (US$1.02 billion)
for the
year ending
December of 2019.
This
represents
a
decrease of 14.1%
versus 2018, when the company's sales were 4.86 billion Malaysian Ringgits.
Contributing to the drop in overall sales was the 14.3% decline
in Vehicle Assembly, Distribution and Sale Se, from 4.75 billion Malaysian Ringgits to 4.07 billion Malaysian Ringgits.
There were also decreases in sales in
Hire Purchase Financing (down 12.0% to 80.86 million Malaysian Ringgits)
.
However, these declines were partially offset by the increase in sales of
Other Operations (up 20.2% to 18.24 million Malaysian Ringgits)
.