Profits of Major Tyre Makers up 62.8% in 2012
2013-06-14
470 million tyre were produced in 2012, up 3% over last year, and the sales revenues were 20.55 billion Yuan, up 0.3%, and 127 tyres were exported, up 0.7% according to Cai Weimin, secretary general of China Rubber Industry Association.
Although the sales volumes are not so many, the profits of major tyre makers are much better than before, and 41 major tyre makers" profits increased by 62.8%.
