Gajah Tunggal looks to the USA for growth

1st July 2015 | 0 Comments
 
Gajah Tunggal looks to the USA for growth
Christopher Chan says there is a "lot of potential" in the US market

Although sales at PT Gajah Tunggal Tbk dipped 3.9 per cent (to Rp 3,075 billion, or £146.4 million) in the first quarter of 2015, this decline was attributed to challenges in the domestic market. The Indonesian tyre maker speaks of strong export market performance, and company president director Christopher Chan Siew Choong confirmed this focus at Gajah Tunggal’s annual and extraordinary meeting of shareholders on 29 June. In particular, he indicated that the USA shows particular potential.

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Category: International News

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