Advance Synergy Bhd operates in the Travel agencies sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Advance Synergy Bhd with three other
travel agencies and tour operators in Asia:
Orient Victory Travel Group Company Ltd
of HONG KONG
sales of 208.29 million Hong Kong Dollars [US$26.84 million]
of which 56%
was Property Development and Investment),
Zhang Jia Jie Tourism Group Co Ltd
(169.20 million Chinese Renmimbi [US$26.49 million]
of which 40%
was Travel Service), and
International Travel House Limited
based in INDIA
(2.09 billion Indian Rupees [US$28.66 million]
of which 100%
was Travel Related Services).
Sales levels dropped significantly in the first
quarter of 2021 versus the previous year's first quarter.
During the first
quarter of 2021, sales at Advance Synergy Bhd totalled
23.71 million Malaysian Ringgits.
This is a drop of 44.6%
from the 42.80 million Malaysian Ringgits in sales at the company during the first quarter in 2020.
During the previous 7 quarters, sales at Advance Synergy Bhd have fallen vis-à-vis the same quarter in the previous year.
There appears to be at least some degree of seasonality in the sales at Advance Synergy Bhd: during 8 of the previous 9
years, sales were highest during the fourth quarter.
The exception to this was during 2020, when the
first quarter was the best quarter, accounting for
37% of sales (during that same year, the
fourth quarter accounted for 26% of sales).
Advance Synergy Bhd reported sales of 117.24 million Malaysian Ringgits (US$28.47 million)
December of 2020.
decrease of 57.4%
versus 2019, when the company's sales were 275.52 million Malaysian Ringgits.