Aeolus Tyre's Q3 revenue surges, retains audit firm

Aeolus Tyre (SSE: 600469) announced Lixin Certified Public Accountants (Special General Partnership) will continue auditing the company. In the third quarter of 2024, Aeolus reported revenue of ¥4,880.19 million compared to ¥4,251.86 million for the same period in 2023. The Q3 net profit came in at ¥275.81 million compared to ¥281.58 million in Q3 2023. Total assets reached ¥7,477.89 million. Share capital remained stable at ¥729.45 million. While some debts increased, key stakeholders continue. While long-term loans also remain significant.