Goodyear Indonesia Tbk. vs Langgeng Makmur Industri Tbk. — how do they compare? Goodyear Indonesia Tbk. trades at Rp1,080 (market cap 442.8B), while Langgeng Makmur Industri Tbk. trades at Rp139 (market cap 140.18B). The key difference: Goodyear Indonesia Tbk. is far larger — about 3.2× Langgeng Makmur Industri Tbk.'s market cap. Which is the better fit depends on your goals.
| GDYR | LMPI | |
|---|---|---|
Market Cap | 442.8B | 140.18B |
Trailing returns across standard periods
Latest headlines on both assets
PT Goodyear Indonesia Tbk (the Company) was established on January 6, 1917 under the name “NV The Goodyear Tire & Rubber Company Limited” and changed its name to “PT Goodyear Indonesia” on July 25, 1978. On November 10, 1980, the Company obtained approval from the Capital Market Supervisory Board (BAPEPAM) to offer a portion of its shares to the public through the Indonesia Stock Exchange. Effective December 22, 1980, 6,150,000 shares of the Company with total par value of Rp 6,150,000 (equivalent to 15% of the total issued and outstanding shares) were officially listed in Jakarta Stock Exchange.
Read more on GDYR →PT. Langgeng Makmur Industri TBk (the Company) was established under the Domestic Capital Investment Law No. 6 of 1968 as amended by Law No. 12 of 1970, based on the Notarial Deed No. 40 dated November 30, 1972 of Kho Boen Tian, S.H., which was amended by Notarial Deed No. 3 dated January 7, 1976 of the same notary concerning the change in the Company name from PT Langgeng Jaya Plastic Industry Ltd., to PT Langgeng Makmur Plastic Industry Ltd. Based on Notarial Deed No. 450 dated June 27, 1997 of Adam Kasdarmadji, S.H., the Company's name has been changed, to PT Langgeng Makmur Industri Tbk.
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