Triangle Tyre disclosed its 2026 semi-annual report on August 26. During the reporting period, the company achieved operating revenue of 5.085 billion yuan, up 6.42% year on year; net profit attributable to shareholders of the listed company was 340 million yuan, down 14.11% year on year; basic earnings per share were 0.43 yuan. The company plans to distribute a cash dividend of 1.2 yuan per 10 shares, tax included. During the reporting period, global tyre market demand recovered at a moderate pace, with growth momentum concentrated mainly in Southeast Asia, Africa, Latin America, the Commonwealth of Independent States and other markets. In mature markets such as the European Union and the United States, amid a high-inflation environment, end-consumer demand shifted toward cost-effective products, creating room for share substitution for tyres produced in overseas production bases in Southeast Asia and elsewhere that Chinese companies have established. The company produced a total of 11.5642 million tyres of various types, down 4.79% year on year, with a capacity utilisation rate of 86.03%, and sold 12.0681 million tyres, up 8.52% year on year, with a production-to-sales ratio of 104%.
Triangle Tyre Co LtdNet profit fell 14.11% year on year despite revenue growth, and dividend declared.
