Aeolus Tyre Co.,Ltd.’s Net Profit Dropped 56.8% in First Half of 2022

Aeolus Tyre Co.,Ltd. (风神轮胎股份有限公司) (600469.SH) reported a net profit of 10.9 million yuan in the first half of 2022, down 56.8% year-on-year.

Meanwhile, the company posted 2.4 billion yuan in revenue, down 20.7% year-on-year.

At the end of the reporting period, it had 7.3 billion yuan in total assets and 4.6 billion yuan in total liabilities, with a liability-to-asset ratio of 62.6%.