May 03, 2023 08:00 AM

Aeolus Tyre Co.,Ltd. Posted 84.5 Million Yuan Net Profit in 2022

By Caixin Automation

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Aeolus Tyre Co.,Ltd. (风神轮胎股份有限公司) (600469.SH) reported a net profit of 84.5 million yuan in 2022, reversing a net loss of 109 million yuan for the previous year.

Meanwhile, the company posted 5 billion yuan in revenue, down 10.3% year-on-year.

At the end of the reporting period, it had 7.2 billion yuan in total assets and 4.3 billion yuan in total liabilities, with a liability-to-asset ratio of 59.3%.

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