Linglong Tire sales up, profit down
2017-11-1 9:43:31Editor：AmandaFont Size：Big Medium Small
Linglong Tire released the third quarter report and post 10.316 billion yuan of revenue in the first three quarters, yearly rising by 39.09% compared to the same period of 2016, and 720 million yuan of net profit belonging to shareholders, yearly decreasing 7.29%.
Due to rising raw material price, the company's operation cost surged 52.56% to 7.984 billion yuan.
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