Xingda International Holdings Ltd. is primarily engaged in the manufacture and trading of radial tire cords, bead wires, hose wires, galvanized wires, and wire ropes, which are used as rubber reinforcement materials in various tires and other rubber products. The company also produces sawing wire for the solar power industry and invests in commercial properties. It was incorporated in 2005 and is headquartered in Shanghai, China.
Xingda's released its 2016 results late on 24th March. This note will give a short update of the results. More analysis to follow after the results...