INTERVIEW-Indonesia Gajah Tunggal eyes 20-25 pct revenue growth

Newswire

By Janeman Latul and Chandni Vatvani JAKARTA, Sept 30 (Reuters) - PT Gajah Tunggal , Southeast Asia's biggest tyre maker, expects revenue growth of 20-25 percent this year on the back of strong car and motorcycle sales, a senior executive told Reuters on Thursday. Indonesia's car sales hit 507,058 units in the first eight months, up 69 percent from a year ago, while motorcycle sales reached 5 million units in the same period, up 35 percent as consumer confidence rebounded after the 2008 ...

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