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:
Hualing Xingma Automobile (Group) Company Limited
of China
(2018
sales of 7.29 billion Chinese Renmimbi [US$1.04 billion]
of which 97%
was Processing and manufacturing),
China Motor Corporation
of Taiwan
(34.87 billion Taiwanese Dollars [US$1.14 billion]
of which 85%
was Automobile Manufacturing), and
Indomobil Sukses Internasional Tbk PT
which is
based in Indonesia
(17.54 trillion Indonesian Rupiahs [US$1.25 billion]
of which 86%
was Automotive (Including Workshops)).
Sales Analysis.
Tan Chong Motor Holdings Berhad reported sales of 4.86 billion Malaysian Ringgits (US$1.17 billion)
for the
year ending
December of 2018.
This
represents
an
increase of 11.9%
versus 2017, when the company's sales were 4.34 billion Malaysian Ringgits.
Despite this increase, sales are still
below the level achieved in 2016, when Tan Chong Motor Holdings Berhad
reported sales of 5.46 billion Malaysian Ringgits.
The sales level in 2018 was fairly close to the level five years ago: in 2013, Tan Chong Motor Holdings Berhad had sales
of 5.20 billion Malaysian Ringgits.
Sales of Other Operations saw an increase
that was more than double the company's growth rate: sales were up
98.8% in 2018, from
7.64 million Malaysian Ringgits to 15.18 million Malaysian Ringgits.
Tan Chong Motor Holdings Berhad also saw significant increases in sales in
Hire Purchase Financing (up 21.0% to 91.89 million Malaysian Ringgits)
.