Gdex Bhd operates within the Courier services, except by air sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Gdex Bhd with three other
trucking and warehousing companies in Asia:
Vn Post Express Jsc
of VIETNAM
(2020
sales of 1.91 trillion Vietnamese Dong [US$82.99 million]
),
Tci Express Ltd
of INDIA
(10.32 billion Indian Rupees [US$138.49 million]
of which 100%
was Express Cargo), and
Satria Antaran Prima Tbk PT
which is
based in INDONESIA
(451.60 billion Indonesian Rupiahs [US$31.02 million]
).
Sales Analysis.
During the year ended June of 2020, sales at
Gdex Bhd were 364.01 million Malaysian Ringgits (US$88.23 million).
This
is
an
increase of 16.0%
versus 2019, when the company's sales were 313.86 million Malaysian Ringgits.
This was the fifth consecutive year of sales increases at Gdex Bhd
(and since 2015, sales have increased a total of 85%).
Sales of Logistics saw an increase
that was more than double the company's growth rate: sales were up
176.3% in 2020, from
9.10 million Malaysian Ringgits to 25.14 million Malaysian Ringgits.
Not all segments of Gdex Bhd experienced an increase in sales in 2020:
sales of Property Investment fell 4.8% to 534,876.00 Malaysian Ringgits.
(However, this segment's sales were only a very small portion of the company's overall sales).