Asia Pacific Investama Tbk PT operates in the Yarn spinning mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Asia Pacific Investama Tbk PT with three other
fabric manufacturers in Asia:
Reliance Weaving Mills Ltd
sales of 17.28 billion Pakistan Rupees [US$99.50 million]
(7.26 billion Indian Rupees [US$97.08 million]
Azgard Nine Limited
based in PAKISTAN
(16.91 billion Pakistan Rupees [US$97.40 million]
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 Investama Tbk PT totalled
379.64 billion Indonesian Rupiahs .
an increase of 124.4%
from the 169.15 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 fourth
quarter of 2017.
During the first two
quarters of 2021, sales totalled 814.84 billion Indonesian Rupiahs , which is
than through the first two quarters of 2020.
Asia Pacific Investama Tbk PT reported sales of 1.39 trillion Indonesian Rupiahs (US$98.58 million)
December of 2020.
decrease of 24.8%
versus 2019, when the company's sales were 1.85 trillion Indonesian Rupiahs .
Contributing to the drop in overall sales was the 28.5% decline
in Spinning, from 1.10 trillion Indonesian Rupiahs to 788.38 billion Indonesian Rupiahs .
There were also decreases in sales in
Weaving (down 26.7% to 507.69 billion Indonesian Rupiahs )
However, these declines were partially offset by the increase in sales of
Knitting (up 123.3% to 48.53 billion Indonesian Rupiahs )
Garment (up 48.6% to 43.88 billion Indonesian Rupiahs )