Longxi Bearing(LS) Report Q3 Fiscal Results

Resource from: cbcc-yinx Likes:2933

Nov 24,2006

Longxi Bearing(LS) Report Q3 Fiscal Results Oct. 24, Fujian Longxi Bearing (Group) Co.,Ltd(Shanghai Exchange: 600592) released their third quarter fiscal results, reporting over RMB104.18 million in operating income, compared to RMB110.53 million over the corresponding period last year. Net profit was RMB18.66 million, slightly higher than the figure last year. EPS was 0.124 yuan, a 0.81% rate of growth over the prior year. Longxi Bearing Group Co.,Ltd is the largest producer of joint bearings. Besides, they are also supplier of gear, gearbox and auto parts. In third quarter, the contribution of operating income are as following: (currency: yuan) Bearing Product 80,914,629.16 Gear & Gear Box 18,954,550.68 Auto parts 4,307,505.22

(cbcc-yinx)

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