China's Aeolus Tyre recently released the thrid quater report that the company posted 204 million yuan of net profit in the past nine months in 2015, yearly decreasing 33.26%， and recieved 4.91 billion yuan of sales revenue at the same time, yearly declining 18.39%.
The company's net profit year-on-year dropped 20.81% in the first half year of 2015, the report said.
With China's economy getting into "low develpoing" era, domestic tire demand has been keeping sluggish in in 2015. Adding to U.S. levying heavy tax on Chinese tires， Chinese tire manufacturers started a new round of price war to head into EU market, which strengthened tire companies' pressure.
