Increased investment in Vietnamese factory
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【Summary】Guizhou Tyre has increased its investment in a factory in Vietnam, according to its semi-annual report. The Chinese manufacturer reported revenue of RMB 4.44 billion for the first half of 2023.
FutureCar Staff
Sep 02, 2023 4:45 PM PT
Guizhou Tyre, a Chinese manufacturer, has recently published its semi-annual report, which includes updates on its ongoing construction projects both domestically and internationally. In addition, the company has reported a revenue of RMB 4.44 billion (£482.6 million, US$611.2 million) for the first half of 2023, with a profit of RMB 340 million (£37.0 million, $46.8 million).
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