General Bearing FY10 Profit Rises-Bearing News

(April 25, 2011) General Bearing Corp. (GNRL.PK: News ), Monday reported a rise in profit for the full year of 2010 as good demand for its bearings boosted revenues. For the quarter, net income was $3.9 million or $1.06 per share, compared to $1.4 million or $0.39 per share last year. Revenues rose to $157.7 million from $102.3 million last year.

(General Bearing Corp.)

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