Recently, Shandong Daye Co.,Ltd. released its third quarter report.
The report showed that the company realized 2.08 billion yuan of sales revenue in the first nine months, year-on-year rising by 3.92%, and 77,644,000 yuan of net profit belonging to shareholders, yearly decreasing 43.32%. According to its half year report, the company posted 1.23 billion yuan of sales revenue, and 39,375,000 yuan of net profit.
The statistics showed that the company's performance kept changing in the third quarter.
With domestic and overseas recovering in recent days, the company's sales gradually grew since July, and sales datas created historical high.
According to public sales, the company mainly produces and sales steel cord, bead wire, hose wire, and it is the largest steel cord manufacturer in China.
