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Triangle Tire’s Europe and Middle East sales grew rapidly in 2023

Author: Xuda Wang Comments: 0
OTR tyres were a key source of profit for Triangle in 2023 (Photo: Triangle)

In 2023, Chinese tyre manufacturer Triangle’s achieved revenue of 10.42 billion yuan (about £1.13 billion; €1.33 billion) and net profit of about 1.4 billion yuan (about £150 million; €180 million). Revenue of 10.42 billion yuan means that Triangle has surpassed Double Coin in the ranking of Chinese tyre manufacturers in 2023 and comes in behind ZC Rubber, Sailun and Linglong.

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