Triangle Tyre Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 03:47 am EDT
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Triangle Tyre Co., Ltd reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 6,651.29 million compared to CNY 6,210.8 million a year ago. Revenue was CNY 6,651.29 million compared to CNY 6,210.8 million a year ago. Net income was CNY 485.42 million compared to CNY 817.25 million a year ago. Basic earnings per share from continuing operations was CNY 0.61 compared to CNY 1.02 a year ago. Diluted earnings per share from continuing operations was CNY 0.61 compared to CNY 1.02 a year ago.
TRIANGLE TYRE CO., LTD is a China-based company and mainly engaged in research and development, manufacture and sales of tire. The main products of the company are high-performance tires for commercial vehicles, tires for passenger car, oblique engineering tires, meridian project tires and meridian project giant tires. Meanwhile, the Company also provides original equipment manufacture service for clients. The Company distributes its products in domestic and to overseas markets.