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浦林成山发布中期业绩,股东应占溢利5.08亿元 同比减少37.44%

Core Insights - The company reported a revenue of RMB 5.705 billion for the first half of 2025, representing a year-on-year increase of 6.37% [1] - Shareholders' profit decreased by 37.44% to RMB 508 million, with basic earnings per share at RMB 0.8 [1] Sales Performance - The company sold approximately 14.1 million tires, a year-on-year increase of 2.8% [1] - Sales of all-steel radial tires were about 3.9 million units, down 3.8% year-on-year; semi-steel radial tires sales were approximately 10 million units, up 5.7%; and cross-ply tires sales were 200,000 units, up 2.3% [1] Revenue Breakdown - Domestic dealer channel revenue was approximately RMB 1.017 billion, a decrease of 18.3% year-on-year [2] - International dealer channel revenue was about RMB 3.896 billion, an increase of 10.9% year-on-year [2] - Direct sales to automobile manufacturers generated revenue of approximately RMB 792 million, up 30.5% year-on-year [2] Tire Revenue Composition - All-steel radial tires accounted for approximately 55.3% of total tire revenue, while semi-steel radial tires made up 43.2% [2] - The company's tire production bases in Shandong and Thailand contributed approximately 61.6% and 38.4% to total tire revenue, respectively [2]