Triangle Tire’s recent financial report for the first half of the year, released on August 29, shows impressive growth. Their operating income reached 5.19 billion yuan, marking a 21.5% increase compared to the previous year. Additionally, the net profit attributable to shareholders of listed companies soared to 610 million yuan, reflecting a remarkable 180% year-on-year growth.
In terms of their core business, Triangle Tire produced 11.67 million units of tires during this period, indicating a 10% increase from the previous year. Moreover, they managed to sell 13.02 million units of tires, marking a substantial 22% year-on-year growth in tire sales.
Overall, Triangle Tire’s financial performance in the first half of the year has been exceptional, with significant increases in revenue, profit, tire production, and tire sales. These positive results demonstrate the company’s strong performance and growth in the market.
