Linglong net over 1 bln yuan

Time: Jan 30th  2018   Copy editor: Tyrefull

On Jan.26, Shandong Linglong Tire released its 2017 annual report prediction.

The prediction said that the company posted 13.91 billion yuan of operation income in 2017, yearly rising by 32.28%, and 1.11 billion yuan of net profit, yearly increasing 4.36%.  

Net profit belongs to shareholders is 1.035 billion yuan, yearly up 2.42%.

In 2017, raw material price rising and restricted by environment protection, the company's net growth is lower that income growing.

The report said that the company's sale and production was largely increasing in 2017, and its total asset rose by 7.94% to 19.39 billion yuan by the end of 2017.

AD: You can get  better price from us for Doublestar tire. Doublestar brand tire is the TOP 10 Chinese brand tires since 2004. Give us a call and  you would enjoy a quality tyre and service from us.