Linglong Tire's net surged in first three months
2019-5-6 20:16:42Editor：AmandaFont Size：Big Medium Small
On April 26, Shandong Tire released its first quarter performance of 2019.
The report said that the company posted 4.035 billion yuan of sales revenue in the first three months, year-on-year increasing 14.88%, and 285 million yuan of net profit belonging to shareholders, yearly surging 26.9%.
At the same time, the company produced 14,450,400 units of tires and sold 13,811,200 units, yearly rising by 11.7%.
And tire production price increased 2.75% in the first quarter of 2019, with raw materials' price down by 2.49% at the same time.
Tireworld
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