Giti tire releases 2017 annual report prediction
2018-1-31 17:50:54Editor：AmandaFont Size：Big Medium Small
On January 31, Giti Tire Co.,Ltd released 2017 annual report prediction.
Giti Tire's net profit belonging to shareholders in 2017 was predicted to be 106 million yuan, year-on-year decreasing 50-70%.
The company said that raw material price year-on-year surged in the first half of 2017. Although the company gradually lifted tire production price, the company still performed bad in 2017 due to lagging effection of risen tire price.
In the second half year of 2017, Giti Tire's performance rose again, but its annual report still largely declined compared to 2016.
Above statistics were all predicted datas , having not audited.
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