Federal Corporation operates in the Tires and inner tubes sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Federal with three other
tire manufacturers in Asia:
Hwa Fong Rubber Ind Co Ltd
sales of 5.26 billion Taiwanese Dollars [US$172.30 million]
of which 48%
was Motorcycle Tires),
Southern Rubber Industry JSC
(3.89 trillion Dong [US$167.74 million]
Goodyear Indonesia Tbk PT
based in Indonesia
(2.27 trillion Indonesian Rupiahs [US$161.07 million]
Federal reported sales of 5.01 billion Taiwanese Dollars (US$164.17 million)
December of 2018.
decrease of 10.3%
versus 2017, when the company's sales were 5.59 billion Taiwanese Dollars.
Contributing to the drop in overall sales was the 41.8% decline
in Asia, from 1.29 billion Taiwanese Dollars to 750.90 million Taiwanese Dollars.
There were also decreases in sales in
America (down 27.1% to 483.50 million Taiwanese Dollars)
However, these declines were partially offset by the increase in sales of
Domestic (up 3.9% to 3.77 billion Taiwanese Dollars)