Hwa Fong Rubber Ind Co Ltd operates in the Tires and inner tubes sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Hwa Fong Rubber Ind Co Ltd with three other
tire manufacturers in Asia:
Danang Rubber JSC
sales of 3.86 trillion Vietnamese Dong [US$165.51 million]
of which 100%
was Rubber Tyre),
Southern Rubber Industry JSC
(4.27 trillion Vietnamese Dong [US$182.98 million]
Stamford Tyres Corporation Limited
based in SINGAPORE
(234.17 million Singapore Dollars [US$165.38 million]
Hwa Fong Rubber Ind Co Ltd reported sales of 5.26 billion Taiwanese Dollars (US$175.64 million)
December of 2019.
a very small
increase of 0.2%
versus 2018, when the company's sales were 5.26 billion Taiwanese Dollars .
Despite this increase, sales are still
below the level achieved in 2017, when Hwa Fong Rubber Ind Co Ltd
reported sales of 5.74 billion Taiwanese Dollars .
Sales of Thailand saw an increase
that was more than double the company's growth rate: sales were up
14.3% in 2019, from
2.29 billion Taiwanese Dollars to 2.61 billion Taiwanese Dollars .
Hwa Fong Rubber Ind Co Ltd also saw significant increases in sales in
Taiwan (up 1.8% to 1.66 billion Taiwanese Dollars )
United States (up 10.5% to 788.16 million Taiwanese Dollars )
Not all segments of Hwa Fong Rubber Ind Co Ltd experienced an increase in sales in 2019:
sales of China fell 67.5% to 202.60 million Taiwanese Dollars .