On October 28, 2014, Fengshen Tire announced the major financial data for the first three quarters of 2014. Data show that from January to September 2014, Fengshen Tire's operating income was 6.019 billion yuan, a decrease of 7.7% over the same period of last year. It is reported that while the overall revenue was reduced, the company's net profit increased by 16.91% from the same period of last year from January to September. According to the data, from January to September 2014, the net profit of Aeolus Tyre’s shareholders of listed companies was RMB 306 million, an increase of 16.91% year-on-year; the average return on net assets was 11.74%, an increase of 0.52 percentage points year-on-year; the basic income was RMB 0.817/share. The year-on-year increase of 16.88%.
Fengshen Tire