Asia Pacific Fibers Tbk PT operates in the Organic fibers, noncellulosic sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Asia Pacific Fibers Tbk PT with three other
chemical manufacturers in Asia:
Indo Rama Synthetics India Ltd
sales of 21.22 billion Indian Rupees [US$283.08 million]
of which 100%
ICI Pakistan Limited
(55.26 billion Pakistan Rupees [US$314.96 million]
of which 36%
was Polyester), and
Luyang Energy-Saving Materials Co Ltd
based in CHINA
(2.33 billion Chinese Renmimbi [US$364.37 million]
of which 84%
was Ceramic Fibre Products Manufacturing).
Sales were up sharply during the second
quarter of 2021 versus the previous year's second quarter.
During the second
quarter of 2021, sales at Asia Pacific Fibers Tbk PT totalled
1.15 trillion Indonesian Rupiahs .
an increase of 159.9%
from the 443.49 billion Indonesian Rupiahs in sales at the company during the second quarter of 2020.
This was the largest same quarter increase in sales since the third
quarter of 2013.
During the first two
quarters of 2021, sales totalled 2.42 trillion Indonesian Rupiahs , which is
than through the first two quarters of 2020.
Asia Pacific Fibers Tbk PT reported sales of 3.80 trillion Indonesian Rupiahs (US$268.56 million)
December of 2020.
decrease of 32.8%
versus 2019, when the company's sales were 5.65 trillion Indonesian Rupiahs .
Contributing to the drop in overall sales was the 85.4% decline
in Chemical and Synthetic Fiber, from 5.61 trillion Indonesian Rupiahs to 819.23 billion Indonesian Rupiahs .
There were also decreases in sales in
Knitting and Sewing (down 61.2% to 15.66 billion Indonesian Rupiahs )