In the complex and severe economic environment, in the first quarter of this year, the main business of Shandong Linglong Tire Co., Ltd. maintained a stable development trend on the whole, with performance indexes such as operation revenue, net profit, etc. increasing by over ten percent.
Among it, the realized operation revenue was 2.232 Billion Yuan, which increased by 10.51% compared with that in the same period of last year; the net profit attributable to the shareholders of the parent company with non-recurring profit and loss deducted was 263.88 Million Yuan, which increased by 18.62% compared with that in the same period of last year.
Based on the conditions such as the realized business performance, signed orders, etc. of this year, and in consideration of recent macroeconomic situation, especially factors such as upstream and downstream market environment of tire industry, etc., Linglong Tire predicted that its performance indexes such as operation revenue, net profit, etc. would have no drastic fluctuation in this year compared with that in 2015.
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