Aeolus Tyre Co., Ltd. Provides Earnings Guidance for the Year 2018
January 30, 2019
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Aeolus Tyre Co., Ltd. provided earnings guidance for the year 2018. According to preliminary statistics of its financial department, the Company predicts it will turn losses into gains in the net profit belonging to shareholders of the listed company 2018 compared with the same period of the year before, with the net profit belonging to shareholders of the listed company to be between RMB 17 million and RMB 23 million (based on the disclosed statistics according to relevant regulations). The net loss belonging to shareholders of the listed company after excluding extraordinary profit and loss will be between RMB 23 million and RMB 17 million.
AEOLUS TYRE CO., LTD. is a China-based company, principally engaged in the manufacture and distribution of tires and tire-related raw materials. The Company provides tires applied in trucks and passenger cars and engineering machinery under Fengshen, Henan, Shuangxi and Huanghai brands. The Company's products include cross-ply tires, radial tires and passenger tires. The Company distributes its products within domestic markets and to overseas markets.
AEOLUS TYRE CO., LTD. 
