Guizhou Tyre Co.,Ltd.’s Net Profit Rose 147.1% in First Three Quarters of 2023

Guizhou Tyre Co.,Ltd. (贵州轮胎股份有限公司) (000589.SZ) reported a net profit of 635.1 million yuan in the first three quarters of 2023, up 147.1% year-on-year.

Meanwhile, the company posted 7 billion yuan in revenue, up 12.6% year-on-year.

At the end of the reporting period, it had 17.6 billion yuan in total assets and 10.5 billion yuan in total liabilities, with a liability-to-asset ratio of 60.1%.