Linglong Tire's announcement yesterday showed that according to the company's preliminary calculation, the company achieved sales of approximately 6.6256 million units in August, a year-on-year increase of approximately 22.00%; operating income of approximately 1.805 billion yuan, a year-on-year increase of approximately 24.32%; and net profit attributable to the parent company of approximately 1.82%. billion, a year-on-year increase of approximately 3390.64%.
Based on the substantial increase in performance in the first half of this year, Sailun Tire is expected to continue to achieve stunning performance in the third quarter. Tonight, the company announced that it achieved operating income of approximately 2.471 billion yuan in August, a year-on-year increase of approximately 14.32%; it achieved a net profit attributable to shareholders of listed companies of approximately 326 million yuan, a year-on-year increase of approximately 165.08%.
"The market this year is much better than the same period last year. We now have dozens of cabinets arriving in Hong Kong every week, which is several times that of the same period last year." Ms. Gong, the relevant person in charge of a tire dealer in Qingdao, told a reporter from the Financial Associated Press, because the goods are relatively cheap. In demand, the company will not have a backlog of goods this year and can be digested immediately. "According to customer orders, the company's shipment volume before the Mid-Autumn Festival will be twice the current volume, and we will postpone many orders to after the festival."
For some best-selling models, they are not available on the market. "There are some semi-steel tire models and some all-steel tire models. Many customers want the goods, and we can't satisfy them. We can only take care of some customers with good relationships first." Ms. Gong further said that for the factory end, the company is coordinating with relevant factories. Production at full capacity.
A tire dealer in Shandong also told a reporter from the Financial Associated Press that now there are long queues at the door of some tire companies to purchase goods. The last time the rush for goods was like this was the panic hoarding caused by the power cuts the year before last.
Reporters from Cailian News noticed that many companies such as Senqilin (002984.SZ) and Guizhou Tire (000589.SZ) have publicly expressed that orders are in short supply and capacity utilization is relatively saturated. According to statistics from Longzhong Information, since the third quarter, the start-up of tire sample companies has maintained a year-on-year increase. The latest data shows that the capacity utilization rate of domestic semi-steel tire sample companies is approximately 79.08%, a year-on-year increase of 21.18 percentage points; the capacity utilization rate of all-steel tire sample companies is approximately 65.27%, a year-on-year increase of 17.29 percentage points.
According to data released by the customs, from January to August, China’s rubber
