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Trades about 12% below its sector, cheaper than its peers on earnings.
Founded in 1945 and headquartered in Mueang Samut Prakan, Thailand, Interhides Public Company Limited functions as an international producer and supplier of diverse leather goods. The company's principal activity involves crafting leather coverings and related components for the automotive industry, including items such as car seats, steering wheels, and gear knobs. Additionally, Interhides furnishes finished leather, cut parts, and trim covers tailored for applications like safety shoes. Its global reach extends across numerous countries, encompassing Thailand, China, Japan, Vietnam, Indonesia, Malaysia, India, and England. Beyond manufacturing, the company delivers specialized services such as spray application, tanning, bleaching, and dyeing. Interhides also diversifies its offerings by producing hydrolyzed protein from leather scrap and manufacturing dog chew products. While its primary clientele consists of automotive manufacturers, the company also caters to furniture and dog chew producers, actively exporting its products worldwide.
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