Shandong Linglong Tyre Co.,Ltd.’s Net Profit Rose 343.8% in First Three Quarters of 2023

Shandong Linglong Tyre Co.,Ltd. (山东玲珑轮胎股份有限公司) (601966.SH) reported a net profit of 1 billion yuan in the first three quarters of 2023, up 343.8% year-on-year.

Meanwhile, the company posted 14.5 billion yuan in revenue, up 13.7% year-on-year.

At the end of the reporting period, it had 41.8 billion yuan in total assets and 21.4 billion yuan in total liabilities, with a liability-to-asset ratio of 51.1%.