Longxi Bearing(LS) Announced 1st Quarter Result

Resource from: cbcc-yinx Likes:2934

Apr 28,2006

April 25, 2006, Fujian Longxi Bearing Group Co.,Ltd(LBGC) announced their 1st quarter result. During the first three months, sales of the company were RMB134.873 million, increased by 51.47% from the 1st quarter last year; net profit were RMB20.335 million, increased by 31.04% from last year. Among the total, sales of bearings were RMB90.694 million, sales cost were RMB49.006 million; those figures of gear & gearbox products were RMB35.194 million and 27.042 million respectively; for auto parts products, were RMB8.985 million and 8.099 million. Longxi Bearing Group Co.,Ltd, located in Fujian province, is one of the largest bearing producers in China. They mainly manufacture spherical plain bearings, composite material bearings, tapered roller bearings, cylindrical roller bearings, gearbox etc. "LS" is their registered brand. Visit Longxi Bearing Group's Website

(cbcc-yinx)

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