Nine Months Report Of 90 Key Bearing Enterprises In China

Resource from: CBCC Likes:2982

Nov 17,2005

According to the statistics, the gross value of industrial output (at current price) of these 90 key enterprises totaled RMB 18433.8 million in nine months, an increase of 17.78% year-on-year. Sales value of industry was RMB 17985.1 million, up18.36% as compared to the same period in 2004. Value added of industry increased 13.85% to RMB 5059.9 million. The production capacity of these 90 enterprises in nine months totaled 1431.4 million sets, up 14.52% year-on-year. The sales totaled 1431 million sets, increasing 16.12% as compared to last year. The export sales was 605 million sets, an increase of 13.37%. The inventory increased 10.81% from 3005 million to 3330 million. The sales income in nine months was RMB17140 million year-to-date, an increase of 17.14% over the same period last year. The sales income of bearing increased 19.05% to 13090 million, of which RMB 3810million was from oversea market, up30.63% year-on-year. The profit increased 14.09% to RMB 970 billion. The revenue totaled RMB 520 million, up 3.84 as compared to the same period of prior year. Among these 90 key enterprises, 51 enterprises experienced the profit growth, accounting for 56.67%; 34 enterprises suffered from declination, accounting for 37.78% and five enterprises remain stable.

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