PT Goodyear Indonesia Tbk
GDYR.JK
Indonesia Stock Exchange1,090.00
IDR
+20.00
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PT Goodyear Indonesia Tbk
GDYR.JK
(Indonesia Stock Exchange)
Recent
price
1,090.00
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- PT Goodyear Indonesia Tbk manufactures, imports, exports, and distributes tires, inner tubes, flaps, and other rubber derivative products for automobiles, airplanes, commercial vehicles, and off-the-road applications in Indonesia. The company offers consumer tires for passenger vehicles including Eagle F1 Asymmetric 3 with Grip Booster Technology, Assurance ComfortTred, Assurance Maxguard SUV with Hydrogrip Technology, Eagle F1 Sport with Eagle Claw Technology, Wrangler AT SilentTrac with Durawall Technology, Assurance TripleMax 2, and Assurance Grip Performance; commercial tires such as Light Truck Bias S&G HD, Light Truck Radial S501, 11.00R20 S700, 325/95R24 Offroad 600, and heavy-duty variants for mining and plantation industries; as well as power transmission belts, hoses, tire retreading services, and automotive parts through its Goodyear Autocare network of 68 outlets nationwide. It operates primarily in the automotive tire sector, serving replacement and original equipment markets for personal, fleet, transportation, agriculture, and mining customers, with a focus on innovation in areas like electric vehicle tires, sustainability, and operational excellence via its Plant Optimization program. Founded in 1917 as N.V. Goodyear Tire & Rubber Company Limited and renamed PT Goodyear Indonesia in 1977, the company is headquartered at Jl. Pemuda No. 27, Bogor, West Java, Indonesia, and functions as a subsidiary of The Goodyear Tire & Rubber Company, which holds an 85% stake. Listed on the Indonesia Stock Exchange under ticker GDYR since its IPO in 1980, it maintains a single manufacturing facility in Bogor, established in 1935 as Indonesia's first tire factory, with approximately 830 employees as of late 2023. The company supports Worry Free Assurance after-sales service for eligible radial tires, providing replacement coverage for irreparable road damage within 12 months or 20,000 km. In recent developments, PT Goodyear Indonesia Tbk achieved global maturity level 3 certification for its Plant Optimization program in November 2023, following validation by Goodyear's regional and global teams, enhancing productivity, waste reduction, and machine reliability. Through its parent, it participates in the Global Platform for Sustainable Natural Rubber's Smallholder GAP Coaching Project, co-funded with General Motors in its third phase from September 2024 to September 2025, reaching over 2,767 smallholder rubber farmers in South Sumatra with training on good agricultural practices, digital tools like RubberWiki, and inclusive participation for women and youth. The company reported nine-month earnings through September 30, 2025, with sales of USD 120.28 million and net income of USD 3.34 million, amid ongoing alignment with net-zero emission goals via sustainable product innovations.