On April 26, Jiangsu General Technology released its first quarter performance of 2019.
The report said that the company realized 934 million yuan of sales revenue, yearly decreasing 4.12%, and 32,749,300 yuan of net profit belonging to shareholders, yearly climbing 1.21%.
At the same time, the company produced 1,458,000 units if tires, and sold 1,756,300 units with 859 million yuan of sales income.
In the first quarter, natural rubber cost decreased 1.3% compared to last quarter. In the same period, synthetic rubber cost rose by 2.4%，carbon black declined 18.5% and steel cord cost down by 3.7%.
