China's tire company profit is expected to rise sharply in 2013

In 2012, China's tire industry can be described as “tremendous rain”. Sales revenue growth slowed sharply. The annual sales growth rate was around 3%, but profits increased significantly. Year-end inventory also showed a declining trend year-on-year.

In 2013, the situation is relatively clear, the operating environment of tire companies will improve, and the production and sales of tires will gradually improve. In particular, corporate profits will increase substantially, and a wave of investment in tires will be created.

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