Formosa International Hotels Corp operates in the Hotels and motels sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Formosa International Hotels Corp with three other
hotel and motel operators in Asia:
sales of 15.98 billion Indian Rupees [US$223.62 million]
of which 100%
Asia Standard International Group Ltd.
of Hong Kong
(1.75 billion Hong Kong Dollars [US$223.58 million]
of which 53%
was Financial Investments), and
Huangshan Tourism Development Company Limited
based in China
(1.60 billion Chinese Renmimbi [US$226.03 million]
of which 86%
was Travel Services).
Formosa International Hotels Corp reported sales of 6.68 billion Taiwanese Dollars (US$215.77 million)
December of 2018.
decrease of 4.7%
versus 2017, when the company's sales were 7.00 billion Taiwanese Dollars.
Contributing to the drop in overall sales was the 27.1% decline
in Technology Service and Management, from 188.29 million Taiwanese Dollars to 137.25 million Taiwanese Dollars.
There were also decreases in sales in
Accommodation (down 11.4% to 2.36 billion Taiwanese Dollars)
Rental Service (down 2.4% to 407.16 million Taiwanese Dollars)
However, these declines were partially offset by the increase in sales of
Food Service (up 0.9% to 3.76 billion Taiwanese Dollars)
Investment (up 42.9% to 9.41 million Taiwanese Dollars)