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Zhongce Rubber's sales income increased 5.31% in 2018

In 2018, Zhongce Rubber's sales revenue reached 26.7 billion yuan in 2018, yearly increasing 5.31% compared to the same period of 2017.

There were 19 million units of full-steel tire sold in 2018, 36.57 million units of half-steel tires sold, yearly raising 12%, and 3.33 million units of bias tires, year-on-year rising by 5% in 2018.

Shen Jinrong, chairman of Zhongce Rubber said that he was satisfied with Zhongce Rubber's performance. With international trade environment worsen, China's tire industry speeds up differentiation.

Besides, foreign brand tires and Taiwanese Tires showed rapid downtrend, and natural rubber price also fluctuated in the bottom.


Tireworld