Welcome Guest to Coatings World    Login || Register
Last Updated Thursday, October 8 2015

Asian Paints reports

Published August 11, 2005
Asian Paints reports
increased Net Sales
Asian Paints reported consolidated sales rose 11.2% to $273 million for the six months ended Sept. 30. Profit before depreciation, interest and tax for the group increased by nine percent to $39 million. Net sales for the quarter ended Sept. 30 increased to $152 million, an 11% increase.
“The performance of the group has been good, as all business units registered good growth,” said Ashwin Dani, vice chairman and managing director Asian Paints (India) Ltd. “The decorative coatings business in India, which is the largest contributor to the group’s revenue, has performed well. For this business, the emphasis has been to drive top line growth and increase market share by aggression on pricing, new offering in the economy segment and enhanced focus on top-of-the-line products.”
Dani also reported that the industrial coatings business performed well, registering 20% growth. In addition he said, international operations registered 20% growth for the first half of the year, with the Middle East region, the largest contributor to international revenues, growing by 34%.

blog comments powered by Disqus

Receive free Coatings World emails
Sign up now to receive the weekly newsletter, and more!

Enter your email address:
Company Spotlight
Siltech Corporation
225 Wicksteed Avenue
Toronto, ON, M4H 1G5
View Profile
Houchi Chemical Co., Ltd
No.56, Fu Chow Street
Taipei, Taipei, 100
View Profile
Sunin Machine Co., Ltd.
No.96, Chiao Ho Rd ,Chungho Dist
New Taipei City, Taiwan , 235
Taiwan Roc
View Profile
18F, No.85, Sec. 1, Chung-Shiao E. Rd.
Taipei, Taiwan, 100
View Profile
BASF Corporation
100 Campus Drive
Florham Park, NJ, 07932
View Profile
AZ Electronic Materials Co., Ltd.
No. 458-6, Sinsing Road Hu Kou Township Hsinchu Country 303, Taiwan
Hsinchu Country, Taiwan, 303
View Profile
Micro Powders, Inc.
580 White Plains Rd.
Tarrytown, NY, 10591
View Profile
Follow Coatings World On