Tasco Berhad operates in the Freight transportation arrangement sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Tasco Berhad with three other
freight forwarders in Asia:
Expolanka Holdings PLC
of Sri Lanka
(2019
sales of 95.45 billion Sri Lanka Rupees [US$528.82 million]
of which 95%
was Logistics),
Tiger Logistics (India) Ltd
of India
(3.30 billion Indian Rupees [US$46.22 million]
of which 100%
was Logistics), and
A & S Group (Holdings) Limited
which is
based in Hong Kong
(447.56 million Hong Kong Dollars [US$57.22 million]
).
Sales Analysis.
Tasco Berhad reported sales of 736.80 million Malaysian Ringgits (US$176.14 million)
for the
fiscal
year ending
March of 2019.
This
represents
an
increase of 3.7%
versus 2018, when the company's sales were 710.21 million Malaysian Ringgits.
Sales at Tasco Berhad have increased during each of the previous five years
(and since 2014, sales have increased a total of 65%).
Sales of Cold Supply Chain Division saw an increase
that was more than double the company's growth rate: sales were up
61.2% in 2019, from
61.41 million Malaysian Ringgits to 98.98 million Malaysian Ringgits.
Tasco Berhad also saw significant increases in sales in
Contract Logistics Division (up 8.8% to 309.69 million Malaysian Ringgits)
.
Not all segments of Tasco Berhad experienced an increase in sales in 2019:
sales of Ocean Freight Forwarding Division fell 30.8% to 73.81 million Malaysian Ringgits.
Tasco Berhad also experienced decreases in sales in
Trucking Division (down 6.0% to 81.30 million Malaysian Ringgits)
.