公司表示，2024年前三季度，公司全钢、半钢和非公路轮胎三类轮胎产品的产销量均创历史同期最好水平，轮胎产品总销量同比增长超过 30%。同时，随着公司市场开拓及产品结构优化等措施落地，公司毛利率也保持在较高水平。①The overseas market demand remains strong, and Sailun Group expects the company's performance in the first three quarters to increase by about 60%; ②Natural rubbers, carbon black, synthetic rubbers, and other production raw materials have all seen price increases. To cope with cost pressures, many tire companies have announced price increases for their products.
On October 10th, Financial Network News (Reporter: Xiao Lianghua) The overseas market demand remains strong, and listed companies in the tire industry continue to perform well. Sailun Group (601058.SH) expects the company's performance in the first three quarters to increase by about 60% year-on-year.
The company announced this evening that it expects to achieve a net income attributable to shareholders of the listed company of 3.21 billion-3.28 billion yuan in the first three quarters of this year, a year-on-year increase of 58.52%-61.98%; net income attributable to shareholders of the listed company excluding non-recurring gains and losses of 3.11 billion-3.18 billion yuan, a year-on-year increase of 48.17%-51.5%.
The company stated that in the first three quarters of 2024, the production and sales volumes of the company's three types of tire products - all-steel, semi-steel, and off-road tires - have reached historically high levels. The total sales volume of tire products has increased by over 30% year-on-year. At the same time, with measures such as market expansion and optimization of product structure implemented, the company's gross margin has also remained at a high level.
"In the third quarter, there was a significant increase in the prices of various raw materials like natural rubbers, but the company saw a substantial increase in product sales compared to the same period." A company spokesperson told Financial Network News reporters, as a result, the company's Q3 adjusted net income still achieved a certain growth compared to the previous quarter.
Since late September, rubber futures prices have been rising continuously. On September 30th, the highest quoted price reached 19,780 yuan/ton, marking the highest point in recent years. Market reports indicate that heavy rains in the main natural rubber producing areas due to typhoons have reduced rubber supply.
At the same time, raw materials such as carbon black and synthetic rubbers needed for tire production have also experienced certain price increases. Financial Network News reporters noted that in response to cost pressures, listed companies like Triangle Tyre (601163.SH), Shandong Linglong Tyre (601966.SH), and Sailun Group have all announced price increases for their products in early October.
