Aeolus Tyre Co.,Ltd.’s Net Profit Dropped 93.8% in First Three Quarters of 2021

Aeolus Tyre Co.,Ltd. (风神轮胎股份有限公司) (600469.SH) reported a net profit of 10 million yuan in the first three quarters of 2021, down 93.8% year-on-year.

Meanwhile, the company posted 4.3 billion yuan in revenue, up 3.2% year-on-year.

At the end of the reporting period, it had 7.9 billion yuan in total assets and 5.1 billion yuan in total liabilities, with a liability-to-asset ratio of 63.9%.

This article was automatically produced by Caixin Automation on Nov. 3, 2021.

Download our app to receive breaking news alerts and read the news on the go.

Follow the Chinese markets in real time with Caixin Global’s new stock database.