Aeolus sales, profits surge in H1 2011

During the first half of the year Aeolus Tyre was able to markedly increase its turnover and income. The fifth-largest Chinese manufacturer’s sales during the period were RMB 5.525 billion (£527.4 million), a 32 per cent year-on-year increase. Profits increase 42 per cent year-on-year during the first six months of 2011 to RMB 166 million (£15.8 million).