Triangle tire nets 129 mln yuan
2018-10-29 17:43:25Editor：AmandaFont Size：Big Medium Small
On October 27, Triangle Tire released its performance report in third quarter.
The company produced 4,128,600 units of tires during July to September, and sold 4,268,200 units, realizing 1.849 billion yuan.
The report said that tire production price has monthly increased 2.21%, due to rising foreign exchange rate.
The company posted 5.536 billion yuan of sales revenue in the first nine months, and 330 million yuan of net profit attributed to shareholders.
The report said that the company realized 129 million yuan of net profit, year-on-year up 32.8%.
Tireworld
- Tireworld Insight: Domestic tire makers eye overseas expansion
- Tireworld Insight: Price disparity severe between China's rubber exports and imports
- Tireworld Insight: China tire exports dependent on US market performance
- Tireworld Insight: SHFE rubber expected to move in tight range in short-term
- Tireworld Insight: Rubber futures to test near-term resistance at 15,000 yuan/tonne
- Tireworld Insight: China’s tire industry on track of rapid growth
