Asahimas Flat Glass Tbk PT operates in the Flat glass sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Asahimas Flat Glass Tbk PT with three other
glass product manufacturers in Asia:
China Glass Holdings Limited
of HONG KONG
sales of 3.56 billion Hong Kong Dollars [US$457.57 million]
of which 43%
was Clear Glass Products),
Jiyi Holdings Ltd
of HONG KONG
(503.45 million Hong Kong Dollars [US$64.74 million]
of which 54%
was Provision of interior design and enginee), and
Hubei Sanxia New Building Matl., Ltd.
based in CHINA
(2.58 billion Chinese Renmimbi [US$403.85 million]
of which 61%
was Glass Manufacture).
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 Asahimas Flat Glass Tbk PT totalled
1.10 trillion Indonesian Rupiahs .
an increase of 89.8%
from the 580.84 billion Indonesian Rupiahs in sales at the company during the second quarter of 2020.
This was the biggest same quarter rise in sales at Asahimas Flat Glass Tbk PT in the previous 35 quarters.
During the first two
quarters of 2021, sales totalled 2.27 trillion Indonesian Rupiahs , which is
than through the first two quarters of 2020.
Asahimas Flat Glass Tbk PT reported sales of 3.77 trillion Indonesian Rupiahs (US$266.38 million)
December of 2020.
decrease of 12.2%
versus 2019, when the company's sales were 4.29 trillion Indonesian Rupiahs .
The sales level in 2020 was fairly close to the level five years ago: in 2015, Asahimas Flat Glass Tbk PT had sales
of 3.67 trillion Indonesian Rupiahs .
Contributing to the drop in overall sales was the 40.3% decline
in Automotive Glass, from 1.46 trillion Indonesian Rupiahs to 872.76 billion Indonesian Rupiahs .
However, these declines were partially offset by the increase in sales of
Flat Glass (up 2.3% to 2.90 trillion Indonesian Rupiahs )