Danang Rubber JSC (HSX: DRC), one of the biggest tyre manufacturers in Vietnam, recorded a profit after tax of VND106.2 billion ($4.6 million), but also faced a negative operating cash flow of VND51.3 billion ($2.2 million).
Tyre and tube production in Viet Nam has enormously increased since early this year due to low price of natural rubber on the local market, according to experts.