Federal Corporation operates in the Tires and inner tubes sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Federal with three other
tire manufacturers in Asia:
Goodyear India Limited
sales of 17.46 billion Indian Rupees [US$237.92 million]
of which 100%
Southern Rubber Industry JSC
(4.69 trillion Vietnamese Dong [US$204.57 million]
Hwa Fong Rubber Ind Co Ltd
(4.88 billion Taiwanese Dollars [US$176.52 million]
of which 49%
Federal reported sales of 5.70 billion Taiwanese Dollars (US$206.22 million)
December of 2020.
increase of 25.6%
versus 2019, when the company's sales were 4.54 billion Taiwanese Dollars .
Sales of America saw an increase
35.9% in 2020, from
1.06 billion Taiwanese Dollars to 1.44 billion Taiwanese Dollars .
Not all segments of Federal experienced an increase in sales in 2020:
sales of Asia fell 69.0% to 42.35 million Taiwanese Dollars .
(However, this segment's sales were only a very small portion of the company's overall sales).