Aeolus Tyre Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 02:54 pm EDT
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Aeolus Tyre Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 1,545.840 million compared to CNY 1,065.838 million a year ago. Operating income was CNY 27.542 million compared to CNY 26.689 million a year ago. Net income was CNY 27.278 million compared to CNY 20.381 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.04 a year ago.
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. 
