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Qingdao Sentury Tire Co Ltd

13.02-31.1%1Y · CNY

Qingdao Sentury Tire Co., Ltd. researches, develops, produces, and sells radial tires and aircraft tires in China and internationally. It offers passenger car, light and heavy truck, racing car, motorsports, and aircraft tires under the SENTURY, LANDSAIL, and DELINTE brands. The company was incorporated in 2007 and is headquartered in Qingdao, China.

Price · split & dividend adjusted
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TürkiyeChina
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Sentury Tire Plans to Invest 273 Million Dollars in a Tire Factory in Turkey

Sentury Tire announced that the company plans to jointly invest with TATKO Group in a project in Turkey to produce 7 million high-performance passenger car and light truck radial tires per year, with a total investment of 273 million dollars and the company holding a 90.1 percent stake. The construction period is 18 months, and after completion, it is expected to generate annual revenue of 205 million dollars and net profit of 42.11 million dollars. The investment still requires shareholder approval.
Qingdao Sentur… ▲
002984.CS · Capital · Positive Sentury Tire plans a $273M joint investment in a Turkish tire factory, a major capex/expansion project expected to add $205M annual revenue and $42.11M net profit.
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Sentury Tire first-half net profit attributable to parent falls 37.5% to 420 million yuan

Sentury Tire released its 2026 interim report. Net profit attributable to the parent in the first half was 420 million yuan, down 37.5% year on year. Operating revenue was 4.42 billion yuan, up 7.3% year on year. Net profit attributable to the parent after deducting non-recurring items was 403 million yuan, down 39.6% year on year. Net operating cash flow was 452 million yuan, up 1,657.0% year on year. Second-quarter operating revenue was 2.34 billion yuan, up 13.4% year on year, while net profit attributable to the parent was 210 million yuan, down 32.3% year on year. The company said the operating environment faces challenges from geopolitical factors and raw material price fluctuations, but tire output and sales volume rose 10.03% and 11.89% year on year respectively, and construction of its Morocco plant made significant progress.
Qingdao Sentur… ▼
002984.CS · Capital · Negative Net profit attributable to parent fell 37.5% year on year in H1 2026.
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