Kunlun Tire turned red to green
2020/7/21 17:31:33Editor：AmandaFont Size：Big Medium Small
Shanghai Huayi Group recently released Kunlun Tire's operation.
Huayi Group said Kunlun Tire respectively realized 1.559 billion yuan、1.785 billion yuan and 2.042 billion yuan of sales revenue during 2017 to 2019, but showing 21.68 million yuan、48.41 million yuan and 27.88 million yuan of net profit at the same time.
Huayi Group said Kunlun Tire has keeping deficit before acquisition by Huayi Group in 2014.
Under Huayi Group's effort, Kunlun Tire's sale and revenue showed uprising. Nowadays, Kunlun Tire was building up a new full-steel radial tire production line.
After completion, Kunlun Tire's production would expand to 2.2 million units per year in the second half year of 2020.
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