Aeolus Tyre Co.,Ltd.’s Net Profit Rose 344.4% in First Three Quarters of 2023

Aeolus Tyre Co.,Ltd. (风神轮胎股份有限公司) (600469.SH) reported a net profit of 281.6 million yuan in the first three quarters of 2023, up 344.4% year-on-year.

Meanwhile, the company posted 4.3 billion yuan in revenue, up 13.6% year-on-year.

At the end of the reporting period, it had 7.2 billion yuan in total assets and 4 billion yuan in total liabilities, with a liability-to-asset ratio of 55.4%.