King Tire Indonesia Inventories Rise 80% on Raw Material Purchases

Bitget2026/10/31 10:12

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King Tire Indonesia's inventory rose 80% to 190.34 billion at September 30, 2026, versus December 31, 2025, reflecting raw-material purchases.
Trade receivables fell 49% to 57.43 billion as customers settled outstanding balances.
Trade payables increased 78% to 48.26 billion, driven by raw-material purchases on credit.
Cash and bank balances declined 36% to 9.95 billion due to machinery purchase payments.
Management expects no negative impact on operating performance from the asset and liability changes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PT King Tire Indonesia Tbk published the original content used to generate this news brief via Indonesia Stock Exchange (IDX) (Ref. ID: 001/X/26/KTI) on October 31, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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King Tire Indonesia Inventories Rise 80% on Raw Material Purchases

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