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    Home > Chemicals Industry > Rubber Plastic News > Guizhou Tire Net Profit Increases 740.56% in 2020

    Guizhou Tire Net Profit Increases 740.56% in 2020

    • Last Update: 2021-07-21
    • Source: Internet
    • Author: User
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    Guizhou Tire released its 2020 annual results bulletin on the evening of April 14.
    The company achieved total operating income of 6.
    809 billion yuan in 2020, a year-on-year increase of 5.
    43%; net profit attributable to shareholders of listed companies was 1.
    138 billion yuan, a year-on-year increase of 740.
    56%; basic per share The income is 1.
    47 yuan
    .

    Guizhou Tire stated that in early 2020, the sudden new crown pneumonia epidemic has brought severe impact and challenges to economic and social development
    .
    Under the extremely difficult development environment of the industry, all companies in the domestic tire industry adhere to the unified deployment of the country, adhere to the prevention and control of the epidemic on one hand, and production and operation on the other, and orderly promote structural optimization, green transformation, technological innovation and competitiveness cultivation, etc.


    In addition, the prices of raw materials such as rubber, carbon black, and framework materials are relatively low in the first three quarters of 2020, which ensures that tire companies still have good profits and the industry as a whole is operating steadily and positively


    In 2020, the company has vigorously focused on on-site production, market sales and mechanism innovation, and the overall production capacity has been in a full state and achieved good operating results


    .


    In 2020, the company realized a total profit of 1.


    328 billion yuan, a year-on-year increase of 783.


    On the evening of the same day, the company announced the first quarter of 2021 performance forecast.


    The company expects to achieve a net profit of 99 million yuan to 119 million yuan attributable to shareholders of the listed company from January to March, a year-on-year increase of 185.


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