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Tires & Rubber Products

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Kenda Rubber Industrial unit to pay penalty of 300,000 yuan

Monday, 7 Nov 2016 03:10am EST

Kenda Rubber Industrial Co Ltd <2106.TW>:Says its China-based unit was fined by local environmental protection agency for 300,000 yuan.

Hengli Petrochemical withdraws delisting risk warning after completing restructuring

Tuesday, 1 Nov 2016 07:00am EDT

Hengli Petrochemical Co Ltd <600346.SS> :Says it withdraws delisting risk warning after it has completed asset restructuring and improved profitability.

Brisa Bridgestone Sabanci Q3 net result turns to loss of 8.0 mln lira

Monday, 31 Oct 2016 11:09am EDT

Brisa Bridgestone Sabanci : Q3 net loss of 8.0 million lira ($2.6 million) versus profit of 53.4 million lira year ago .Q3 revenue of 407.5 million lira versus 459.5 million lira year ago.

Goodyear says Q4 unit volume will be about flat YOY

Friday, 28 Oct 2016 10:15am EDT

Goodyear Tire & Rubber Co : Q4 unit volume will be about flat year-over-year - conf call . Expect 2016 volume growth of 1-2 percent - conf call . Sees higher raw material costs in 2017 - conf call . The U.S. commercial truck industry continues to be affected by weak (original equipment) volumes - conf call Further company coverage: [GT.O] ((Bangalore.newsroom@thomsonreuters.com;)).

Greatoo Intelligent Equipment sees 2016 net profit down

Friday, 28 Oct 2016 04:27am EDT

Greatoo Intelligent Equipment Inc <002031.SZ> : Sees net profit for 2016 to decrease by 95 percent to 65 percent, or to be 6.5 million yuan to 45.3 million yuan . Says the net profit of 2015 was 129.3 million yuan .Comments that decreased traditional product market demand is the main reason for the forecast.

Zhejiang Double Arrow Rubber sees 2016 net profit down 20-50 pct

Thursday, 27 Oct 2016 11:23pm EDT

Zhejiang Double Arrow Rubber Co., Ltd <002381.SZ>: Sees net profit for 2016 to decrease by 20 percent to 50 percent, or to be 53.4 million yuan to 85.5 million yuan . Says the net profit of 2015 was 106.8 million yuan .Comments that increased price of raw material is the main reason for the outlook.

Shandong Linglong Tyre's 9-month net profit up 272.02 pct

Thursday, 27 Oct 2016 09:37am EDT

Shandong Linglong Tyre Co Ltd <601966.SS> :Says 9-month net profit up 272.02 percent y/y.

Hengli Petrochemical's 9-month net profit up 142.15 pct

Thursday, 27 Oct 2016 08:54am EDT

Hengli Petrochemical Co Ltd <600346.SS> :Says 9-month net profit up 142.15 percent y/y.

Aeolus Tyre appoints Giovanni Giuseppe Maria Pomati as general manager, Steven Martijn Knol as financial director

Thursday, 27 Oct 2016 04:51am EDT

Aeolus Tyre <600469.SS>:Says it appoints Giovanni Giuseppe Maria Pomati (Chinese name Ren Qiaobo) as general manager, Steven Martijn Knol (Chinese name Ke Wen) as financial director.

Jiangsu Hongda New Material sees 2016 net profit of 5 mln to 15 mln yuan

Thursday, 27 Oct 2016 02:40am EDT

Jiangsu Hongda New Material Co Ltd <002211.SZ>: Expects net profit for 2016 to be 5 million yuan to 15 million yuan . Says the net loss of 2015 was 60.7 million yuan .Comments that decreased non-recurring gains and losses and incidental expenses, as well as increased profit margin are the main reasons for the forecast.

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