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Shanghai S.E.
03:30:00 07/05/2024 am IST
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1st Jan Change
17.56
CNY
-0.40%
+2.15%
+21.86%
Triangle Tyre Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 26, 2020 at 01:18 pm IST
Triangle Tyre Co. Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 6,210.800 million compared to CNY 5,902.426 million a year ago. Operating income was CNY 968.028 million compared to CNY 726.983 million a year ago. Net income was CNY 817.247 million compared to CNY 617.842 million a year ago. Basic earnings per share from continuing operations was CNY 1.02 compared to CNY 0.77 a year ago.
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Jiangsu Xingda Steel Tyre Cord Group Corporation announced that it expects to receive CNY 230 million in funding from Chengshan Group Co., Ltd., Shandong Linglong Tyre Co.,Ltd., Sailun Group Co., Ltd., Triangle Tyre Co., Ltd, Jiaxing Jianxin Chenyue Equity Investment Enterprise (Limited Partnership)
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Triangle Tyre Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2019
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Certain A Shares of Triangle Tyre Co., Ltd are subject to a Lock-Up Agreement Ending on 9-SEP-2019.
09/19/09
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Triangle Tyre Co., Ltd Reports Earnings Results for the Half Year Ended June 30, 2019
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Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
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TRIANGLE TYRE CO., LTD is a China-based company and mainly engaged in research and development, manufacture and sales of tire. The main products of the company are high-performance tires for commercial vehicles, tires for passenger car, oblique engineering tires, meridian project tires and meridian project giant tires. Meanwhile, the Company also provides original equipment manufacture service for clients. The Company distributes its products in domestic and to overseas markets.
More about the company
Last Close Price
17.56
CNY
Average target price
20.54
CNY
Spread / Average Target
+16.97%
Consensus
1st Jan change
Capi.
+21.86% 1.95B +25.39% 6.66B -3.53% 6.33B -5.09% 5.66B +8.91% 4.9B -3.63% 3.93B +18.04% 4.6B +29.37% 3.79B +5.37% 3.64B +44.36% 3.15B
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