Increased investment in Vietnam factory

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【Summary】Guizhou Tyre invests more in Vietnam factory, reports revenue of RMB 4.44bn in H1 2023, and profit of RMB 340mn.

FutureCar Staff Aug 25, 2023 4:20 PM PT

Guizhou Tyre, a Chinese manufacturer, recently published its semi-annual report on August 22nd. The report includes updates on the progress of the company's production facilities, both domestically and internationally. Along with this information, Guizhou Tyre reported a revenue of RMB 4.44 billion (£482.6 million, US$611.2 million) for the first half of 2023, as well as a profit of RMB 340 million (£37.0 million, $46.8 million).

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