Guizhou Tire net doubled in H1' 2019
2019-7-22 19:33:03Editor：AmandaFont Size：Big Medium Small
Guizhou Tire recently released its first half year report of 2019, and predicted to realize 80 million yuan to 115 million yuan of net profit belonging to shareholders in the past six months.
The company only posted 30.81 million yuan of net profit in the first half year of 2018, which means that the company's net profit at least doubled in 2019 compared to the same period of 2018.
The company said that tire sales surging is the key reason which earned better performance.
According to the company's performance in the first quarter, the company earned 35.5 million yuan of net profit belonging to shareholders.
In that case, Guizhou Tire at least posted 45 million yuan of net profit in the second quarter.
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