Triangle Tyre Co Ltd operates in the Tires and inner tubes sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Triangle Tyre Co Ltd with three other
companies in this sector in China:
Jiangsu General Science Technology Co Ltd
(2018
sales of 3.85 billion Chinese Renmimbi [US$542.72 million]
of which 98%
was Tyre),
Guizhou Tyre Co., Ltd.
(6.83 billion Chinese Renmimbi [US$962.92 million]
of which 85%
was Tyres Industry), and
Aeolus Tyre Co Ltd
(6.21 billion Chinese Renmimbi [US$876.39 million]
of which 98%
was Tires).
Sales Analysis.
Triangle Tyre Co Ltd reported sales of 7.51 billion Chinese Renmimbi (US$1.06 billion)
for the
year ending
December of 2018.
This
represents
a
decrease of 5.2%
versus 2017, when the company's sales were 7.92 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 5.1% decline
in Tire, from 7.89 billion Chinese Renmimbi to 7.49 billion Chinese Renmimbi.
.
However, these declines were partially offset by the increase in sales of
Others (up 0.5% to 22.18 million Chinese Renmimbi)
.