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Hainan Rubber keeps deficit in 3Q'

Hainan Rubber recently released its third quarter report that the company's net profit year-on-year nosedived 6064.63% in the third quarter of 2015.

The report said that Hainan Rubber posted 5.661 billion yuan of sales revenue in the third quarter, yearly decreasing 26.7%, and net profit in red, yearly declining 6064.63% to -484 million yuan. 

In the past half year, the company realized -310 million yuan of net porfit, year-on-year dropping 8161.45% compared to the same period of 2015. 

Tireworld