Goodyear Tire & Rubber Company announced higher than expected quarterly profit on Wednesday, mainly due to cost-cutting measures and falling raw material prices, and forecasted that global business will grow in 2010. Goodyear said that the third quarter net profit was 72 million U.S. dollars, or 30 cents per share, compared with 31 million U.S. dollars in the same period last year, or 13 cents per share. If you do not count one-time items, Goodyear's earnings per share is 45 cents, according to Thomson Reuters analyst average expectations of Goodyear's earnings per share of 40 cents, revenue fell 15% to 4.4 billion. Analysts had previously expected $4.26 billion. Goodyear is the largest tire manufacturer in the United States. The company is undergoing a long-term transformation plan that will concentrate its global surplus production capacity on the expensive tire business to achieve a higher profit margin. The company in Akron, Ohio, USA, added 300 jobs worldwide in the third quarter. In the first half of the year, it had laid off 5,500 employees. This exceeds the company’s goal of reducing 5,000 jobs throughout the year. Enzyme Inhibitor,Chemical Inhibitor,Mixed Enzyme Inhibition,Chemical Enzyme Inhibition Mingya Trading PTE.L , https://www.mingyachem.com