Thong Guan Industries Berhad operates within the Paper coated & laminated, packaging sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Thong Guan Industries Berhad with three other
manufacturers of various paper products in Asia:
A.J. Plast Public Company Limited
sales of 6.87 billion Thai Bahts [US$217.52 million]
of which 100%
was Plastic Packaging),
Anhui Guofeng Plastic Industry Co., Ltd.
(1.36 billion Chinese Renmimbi [US$199.79 million]
of which 86%
was Plastic product business), and
Taisei Lamick Company Limited
based in JAPAN
(27.05 billion Japanese Yen [US$256.70 million]
of which 63%
was Liquid Filling File).
During the year ended December of 2019, sales at
Thong Guan Industries Berhad were 939.20 million Malaysian Ringgits (US$226.04 million).
increase of 9.0%
versus 2018, when the company's sales were 861.62 million Malaysian Ringgits.
This was the fourth straight year of sales growth at Thong Guan Industries Berhad.
Sales of Food, Beverage and Other Consumable Prod saw an increase
10.5% in 2019, from
56.62 million Malaysian Ringgits to 62.58 million Malaysian Ringgits.
Not all segments of Thong Guan Industries Berhad experienced an increase in sales in 2019:
sales of Others fell 33.5% to 1.71 million Malaysian Ringgits.
(However, this segment's sales were only a very small portion of the company's overall sales).