Singapore-based contract tyre manufacturer Sumo Firenza is promoting its “tough and rugged” Firenza-branded AT186, HT183 and ST185 SUV/4×4 tyres. All three patterns are designed and produced in what the company calls “state-of-the-art tyre building facilities in Asia”.
Singapore-based tyre distributor Stamford Tyres Corporation Limited has reported a 213.6 percent year-on-year increase in net profit for the 2017 financial year, which ended on 30 April 2017; compared with 2015, net profit last year was up 376.5 per cent. This profit of S$8.1 million (£4.6 million) was accompanied by a gross margin of 26.2 per cent, up from 24.7 per cent in 2016 and 22.1 per cent in 2014. Total revenue for 2017 was $235.8 million (£133.1 million), 1.7 per cent lower than the previous year. Revenue derived from the distribution of tyres and wheels accounted for 87.2 per cent of total revenue while wheel manufacturing accounted for 12.8 per cent.
Singapore’s Stamford Tyres will exhibit its range of Sumo Firenza tyres and alloy wheels from Stamford Sport Wheels and Soleil from Hall 6, Stand 6F20. The company says it is particularly interested in visitors representing European, African, and Central and Latin American companies, as it continues to grow its global reach.
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Sumo Firenza