Daye's net rose in H1' 2019
Recently, Shandong Daye Co.,Ltd. released half-year report of 2019.
The report said Daye Co.,Ltd. realzied 1.3 billion yuan of revenue income, year-on-year rising by 14.14%, and 121 million yuan of net profit, yearly increasing 19.56%.
Statistics showed that the company produced 134,400 tons of bead wires in the past six months. Actually, the company produced 207,900 tons of bead wires in 2016, 233,200 tons in 2017 and 249,600 tons in 2018. So far, bead wire production showed growth trend year by year.
Its bead wire production respectively took 26.31% and 28.35% of market shares in 2016 and 2107.
Shandong Daye Co., Ltd. mainly deals with R&D, manufacture and distribution of bead wire, steel cord and hose wire. The company has 2000 employees and covers an area of 68hectare. Daye is the domestic largest bead wire manufacturer holding over 35% domestic market shares.
The company is the supplier for nearly one hundred tyre manufacturers such as ZC Rubber, Cheng xin ,CST, Double Coin, Aeolus Tyre,Triangle, SailunTyre, Bridgestone, SUMITOMO, KUMHO ,Hankook and Nexon, and over 70% Top 10 world tyremanufacturers have been customers of Daye.
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