AnalysisGuizhou Tire plunges to big loss for 2015

Guizhou Tire (quoted as Luntai A, stock No. 000589 on the Shanghai Stock exchange) has told investors that is expects to report a loss of RMB 240m (USD36m) for the 12 months to December 2015. This compares with a profit of RMB 290m in the previous year. The company blamed the loss on four factors:

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