Jiangsu General net down, revenue up in Q3'
2017-11-1 9:42:50Editor：AmandaFont Size：Big Medium Small
Jiangsu General Science Technology Co.,Ltd released the third quarter report on Oct.31.
During July to September, the company produced 1,610,300 units of tires, selling 1,544,100 units and reaching 993 million yuan of sales income.
The company lifted product price by 2% at the time and posted 43,100,000 yuan of net profit.
In the past nine months, the company realized 107 million yuan of revenue, year-on-year rising 14.7%, but net profit belong to shareholders down by 18.82% to 107 million yuan.
Amongst, the company acquired 773,100 yuan of one-time compensation from local government.
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