Senqilin 2024 semi-annual report: revenue and net profit both increased

Chinese tire manufacturer Sentury released its 2024 semi-annual report, which showed that the company achieved revenue of 4.11 billion yuan in the first half of the year, a year-on-year increase of 16.21%; net profit attributable to the parent reached 1.077 billion yuan, a significant year-on-year increase of 77.71%. In the second quarter, the company's revenue was 1.995 billion yuan, a year-on-year increase of 6.15% and a month-on-month decrease of 5.70%; while net profit attributable to the parent was 574 million yuan, a year-on-year increase of 61.12% and a month-on-month increase of 13.88%.