Pt Goodyear Indonesia Tbk Reports Earnings Results for the Full Year Ended December 31, 2019
April 02, 2020 at 05:47 am EDT
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PT Goodyear Indonesia Tbk announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was USD 139.315 million compared to USD 159.928 million a year ago. Net loss was USD 264,578 compared to net income of USD 505,306 a year ago. Basic loss per share was USD 0.001 compared to basic earnings per share of USD 0.001 a year ago.
PT Goodyear Indonesia Tbk is an Indonesia-based tire company. The Company manufactures, exports, imports and markets tires, inner tubes, flaps, and rubber derivative products. The Company is engaged in the automotive tire manufacturing industry with a wide range market, such as the large fleet and original equipment (OE) segments. There are two market segments of the Company's product categories, which are passenger vehicle tires and commercial vehicle tires. Its consumer tires include Eagle F1 Asymmetric 3 with Grip Booster Technology, Assurance ComforTred, Assurance Maxguard SUV with Hydrogrip Technology, Eagle F1 Sport with Eagle Claw Technology, and Wrangler AT SilentTrac with Durawall Technology. The Company's commercial tires include HM G2020 HD, HM S&G HD, S210 KMAX, Offroad 600 and S501. The Company manufactures its products in approximately 57 facilities in 53 countries. It has approximately 62 Goodyear brand outlet (GYBO) spread across Indonesia.
PT GOODYEAR INDONESIA TBK 
