Shandong Linglong Tyre Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 01, 2019 at 03:58 pm EDT
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Shandong Linglong Tyre Co.,Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 8,309.851 million compared to CNY 7,242.223 million a year ago. Operating income was CNY 752.082 million compared to CNY 556.509 million a year ago. Net income was CNY 725.117 million compared to CNY 523.676 million a year ago. Basic earnings per share from continuing operations was CNY 0.6 compared to CNY 0.44 a year ago. Diluted earnings per share from continuing operations was CNY 0.59 compared to CNY 0.44 a year ago.
SHANDONG LINGLONG TYRE CO., LTD. is a China-based company primarily engaged in the design, development, manufacturing and distribution of car tires. The main products of the Company include full-steel radial tire products, semi-steel radial tire products and skew tire products. The Company produces high speed tires, engineering truck tires, winter tires, high-performance tires, Sports Utility Vehicle (SUV) tires, light truck tires, agricultural tires. These products are applied in passenger cars, commercial cars and engineering machineries. The Company distributes its products in domestic and to overseas markets.