Triangle Tire releases half-year operation report
2017-8-28 16:00:13Editor：AmandaFont Size：Big Medium Small
On August 25, Triangle tire released its second quarter's operation datas.
The company reported that there were 5,461,900 units of tires produced during April to June and 4,213,100 tons sold during the time, reaching 1.92 billion yuan of sale.
Tire production price rose by 6.02% compared to the first quarter.
The report also announced 4.082 billion yuan of sales revenue, year-on-year surging 22.79% in the first half year of 2017.
The company earned 270 million yuan of net profit, yearly reducing 30% in the past six months.
Rate of Return on Common Stockholders’ Equity (ROE) posted 3.41%, yearly reducing 9.84%.
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