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Guizhou Tyre posts 77.79% net growth
Shanghai. March 6 (Gasgoo.com) – The Shanghai -listed Guizhou Tire reported net profit of RMB 86.82 million yuan ($12.13 million) in 2007, an increase of 14.80 percent from one year earlier, the company announced in its annual report today.
The tire maker, based in southwestern province of Guizhou, reported total sales revenue of RMB 404.51 million yuan ($56.50 million) last year, an increase of 14.80 percent from one year earlier.
The company’s earnings per share is RMB 0.34 yuan ($0.047 U.S. dollars), an increase of 77.79 percent from one year earlier, according to the annual report.
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