Recently, Japan's Tongyiou Tire disclosed its financial report for the third quarter of 2023, with multiple data reaching historic highs.
According to the financial report, the company's net sales reached a historic high of 409.2 billion yen (19.695 billion yuan) in three quarters, an increase of 16.8% year-on-year.
The company stated that it is mainly due to the strong demand in the North American market, which has driven the growth of tire sales.
The operating profit was 50.3 billion yen (equivalent to 2.42 billion yuan), a year-on-year increase of 60.3%, reaching a historic high.
This is due to external factors, reduced shipping costs, and the impact of foreign exchange.
Ordinary income reached 64.5 billion yen (equivalent to 3.1 billion yuan), a year-on-year increase of 42.4%, while income and profits attributable to the owners of the parent company reached 56.8 billion yen (equivalent to 2.73 billion yuan), a year-on-year increase of 26.8%, both of which reached historical highs.
Mainly due to the gains from selling securities and the impact of foreign exchange.
Annual performance forecast raised:
Given the current situation, the forecast for the annual operating revenue has been raised from 60 billion yen to 65 billion yen, and the profits attributable to the owners of the parent company have increased from 55 billion yen to 60 billion yen.
In addition, the company stated that the largest giant solar system (96000m2) in Perak, Malaysia will be fully operational in December 2023, with an annual power generation of 19000 MWh (planned) and a CO2 reduction of approximately 12000 tons per year.
Disclaimer: The image materials and articles on this platform come from the internet, so the copyright belongs to the original author. If any infringement is caused to your copyright and interests, please contact us. We apologize deeply and promptly delete it. Article source: Car and Wheel Shop Owners Alliance
Latest news
- The Combination and Foaming Process of
- Famous tire enterprise with multiple d
- Ministry of Commerce Initiate a final
- The Effect of Carbon Black on the Cutt
- Stop work orders encounter rising pric
- Lanzhou Petrochemical's carboxylated n
Contact us
- ADD: Room 4210, CEC Business Hall, No. 121-4, Nanjing South Street, Heping District, Shenyang
- TEL: 13644907299
- FAX: 024-25361668
- E-mail: boss@long-green.cn
> Industry news