Asti Corporation operates in the Refrigeration and heating equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Asti with three other
heating, ventilation, plumbing and air conditioning equipment manufacturers in Asia:
Subros Ltd
of India
(2019
sales of 21.24 billion Indian Rupees [US$300.40 million]
of which 100%
was Manufacturing of thermal products),
Johnson Controls-Hitachi Air Conditioning India Ltd
of India
(22.41 billion Indian Rupees [US$316.92 million]
of which 99%
was Cooling products), and
Sinko Industries Limited
(40.97 billion Japanese Yen [US$377.37 million]
of which 90%
was Operating segment-Japan).
Sales Analysis.
Asti reported sales of ¥47.55 billion (US$437.91 million)
for the
fiscal
year ending
March of 2019.
This
represents
a
decrease of 0.2%
versus 2018, when the company's sales were ¥47.64 billion.
Contributing to the drop in overall sales was the 4.8% decline
in Home Electronics Business, from ¥9.81 billion to ¥9.34 billion.
.
However, these declines were partially offset by the increase in sales of
In-Vehicle Electrical Component Business (up 0.6% to ¥33.85 billion)
and
Information and Communications Equipment (up 3.0% to ¥4.30 billion)
and
Other (up 489.6% to ¥54.67 million)
.