{
    "success": true,
    "data": {
        "id": 1438454,
        "msgid": "goodyears-profits-surge-1447893297",
        "date": "1999-05-18 00:00:00",
        "title": "Goodyear's profits surge",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Goodyear's profits surge JAKARTA (JP): PT Goodyear Indonesia's net profit increased more than nine-fold to Rp 50.3 billion (about US$6.3 million) in the 1998 financial year on widely expanded export business. \"We found profitable opportunities to offset almost all sales losses in our domestic markets by expanding our export business to other Goodyear companies, especially in Japan, Europe and USA,\" GI president Gottfried Hess said at the annual shareholders' meeting here on Monday.",
        "content": "<p>Goodyear's profits surge<\/p>\n<p>JAKARTA (JP): PT Goodyear Indonesia's net profit increased<br>\nmore than nine-fold to Rp 50.3 billion (about US$6.3 million) in<br>\nthe 1998 financial year on widely expanded export business.<\/p>\n<p>\"We found profitable opportunities to offset almost all sales<br>\nlosses in our domestic markets by expanding our export business<br>\nto other Goodyear companies, especially in Japan, Europe and<br>\nUSA,\" GI president Gottfried Hess said at the annual<br>\nshareholders' meeting here on Monday.<\/p>\n<p>The company doubled its revenue to Rp 520 billion in 1998,<br>\nalthough domestic tire sales nose-dived to an extremely low<br>\nlevel, Hess said in a statement.<\/p>\n<p>GI has been aggressive in the last five years and is now<br>\nfinding its production capacity severely underutilized, according<br>\nto Hess.<\/p>\n<p>The company will pay a Rp 125 dividend for the 1998 financial<br>\nyear.<\/p>\n<p>GI is a subsidiary of Goodyear Tire &amp; Rubber Company<br>\nestablished in 1898 and based in Akron, Ohio. It has over 89,000<br>\nemployees worldwide and 74 manufacturers in 30 countries. (udi)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/goodyears-profits-surge-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}