Sailun Tire’s Q3 Performance Drops Nearly 50% Year-on-Year on Rising Raw Material Costs

Raw materials essential for tire production—such as natural rubber, synthetic rubber, and carbon black—experienced a synchronized price surge in the third quarter of this year, putting widespread pressure on the financial performance of downstream tire manufacturers. As a result, leading player Sailun Tire is also grappling with substantial cost pressures.

On the evening of October 30, Sailun Tire announced its third-quarter results, showing that in the first three quarters of 2026, the company recorded operating revenue of RMB 30.885 billion, up 11.96% year over year; net profit attributable to shareholders was RMB 2.712 billion, down 5.6% year over year; and net profit attributable to shareholders after deducting non-recurring items was RMB 2.595 billion, down 8.1% year over year…

Source: moomoo