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Guizhou Tire continues realizing profit in Q3'

On October 13, Guizhou Tire released its first nine months' performance report in 2018.

The report said that the company posted 55 million yuan to 70 million yuan in the first nine months of 2018.

Guizhou Tire posted 13,295,900 yuan of deficit at the same time of 2017.

Due to production structure and sale structure adjustment, Guizhou tire realized 24,810,900 yuan to 39,810,900 yuan of net profit belonging to shareholders in the third quarter of 2018.

The company reported 26,657,300 yuan of net in the second quarter of 2018, and 4,161,800 yuan of net in the first quarter.


Tireworld