Aeolus Tyre Co.,Ltd.’s Net Profit Rose 1462.9% in First Half of 2023

Aeolus Tyre Co.,Ltd. (风神轮胎股份有限公司) (600469.SH) reported a net profit of 170 million yuan in the first half of 2023, up 1462.9% year-on-year.

Meanwhile, the company posted 2.8 billion yuan in revenue, up 16% year-on-year.

At the end of the reporting period, it had 6.9 billion yuan in total assets and 3.8 billion yuan in total liabilities, with a liability-to-asset ratio of 55.4%.