AnalysisTire mould industry needs to consolidate too

The China Rubber Industry Association has reported sales of tire mould industry from January to August of 2015. Revenues increased 3.9% to 3.62 billion yuan. Profits increased 2.23% to 619 million yuan and export delivery value increased 25% to 890 million yuan indicating that that demand is stable and foreign tire companies have growth potential.

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