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Company Q&A | Sentury Tire: The company's Morocco factory is currently operating smoothly with ramped-up production, and the utilization rate is gradually increasing. Current orders exceed supply.
Gelonghui, June 15 | An investor asked Senkiring on an interactive platform: 'Does the company still consider its Morocco factory to be the main growth driver in 2026?' Senkiring responded that its Morocco factory is currently ramping up production in an orderly manner, with utilization rates gradually increasing. Demand currently exceeds supply, and the factory is expected to boost the company's production and sales volume in 2026.
Sentury Tire (002984.SZ): Overseas factory orders in Q2 exceeded supply capacity.
Gelonghui, June 15 — Sentury Tire (002984.SZ) stated on an investor interaction platform that orders for its overseas plants in the second quarter significantly exceeded supply capacity.
Sentury Tire's Hong Kong Unit Secures $25 Million Credit Guarantees For US, Thai Units
Sentury Tire (002984) Tracking Report: Morocco Plant Ramps Up Operations in an Orderly Manner, Steadily Advancing Global Layout
Report Summary: In 2025, competition in the tire industry and uncertainty surrounding global tariff policies are intensifying. From a medium- to long-term perspective, tariff-related costs are expected to be gradually passed through to end consumers, and production capacity at the Morocco plant is ramping up in an orderly manner. Investment Highlights: Maintain 'Overweight' rating.
Sentury Tire (002984): Q1 gross margin under pressure; awaiting ramp-up in Morocco
Event Description: The company released its 2025 annual report, reporting revenue of RMB 8.61 billion in 2025 (up 1.2% year-over-year), attributable net profit of RMB 1.12 billion (down 48.5% year-over-year), and non-GAAP attributable net profit.
Express News | Sentury Tire: Order volumes and capacity utilization at the Qingdao plant have remained generally stable.