Gajah Tunggal (GJTL), tire producer controlled by tycoon Sjamsul Nursalim, reported sales revenue growth of 12.2% in the first half of 2016, significantly better than Multistrada Arahsarana (MASA) and Goodyear Indonesia (GDYR), two other tire producers listed on Indonesia Stock Exchange (IDX). Multistrada reported 6.5% fall in sales revenue, while Goodyear Indonesia inched up 0.7% in the same period.To subscribe please click here
