Gajah Tunggal saw sales up in Q3

ERJ staff report (DS)

Jakarta – Indonesian tyre maker PT Gajah Tunggal Tbk said year-on-year, sales of passenger car radial tyres in the Indonesian after market grew by 26% while Motorcycle tyres sales grew 25% in the first nine months of the year.

Sales in the nine months were up by 7.6 percent year-o-year, while gross profit was up by 41 percent.

The company reported sales in the nine months of Rp. 9,381 billion (euro 753 million) from Rp. 8,722 billion in the corresponding period last…

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