Tire producer Multistrada Arah Sarana (MASA) booked a net profit of US$0.56 million in Jan-Sep (9M) of 2018, against loss US$5.06 million in the corresponding period of 2017, supported by growth in revenue. Its peers, Goodyear Indonesia (GDYR) reported narrowed loss in the period, thanks to foreign exchange (forex) gain, while Gajah Tunggal (GJTL) reported a widened loss due to forex loss.

To subscribe please click here