Qingdao Double star in the third quarter of 5.98 million raw materials prices

Source: Internet
Author: User
Keywords Raw Material Price
Panoramic network September 28 Qingdao double Star (000599) The Tuesday evening announcement said the company is expected to lose 5.98 million yuan in the third quarter of this year, loss of 0.01 yuan per share.  In the third quarter of last year, the company achieved net profit of 97.2132 million yuan, earnings per share of 0.19 yuan.  The company also expected to achieve net profit of about 5 million yuan this January-September, earnings per share of 0.01 yuan, down 50% to 100%.  The company said, compared with the same period of natural rubber and other major raw materials prices continue to run high, at the same time, the tire industry investment overheating, fierce market competition, product price range is limited, resulting in a sharp decline in profitability of tire products. The Qingdao double star Tuesday closed 6.86 yuan, Rose 4.26%.
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