ZXY Nine-month Report 2007-Bearing News

ZXY Nine-month Report 2007 ZXY (Xiangyang Automobile Bearing Co.,Ltd) reported financial results for the first nine months on Oct 18. Net profit for the first nine months hit RMB 25.0777 Million. Basic earnings per share were RMB 0.083. Net profit for the third quarter reached RMB 7.3614 Million, 260.66% year-on-year. Basic earnings per share for the third quarter were RMB 0.024. About ZXY ZXY is the registered brand of Xiangyang Automobile Bearing Co.,Ltd(XAB). The company, founded in 1968, located in Hubei province. They mainly manufacture various tapered roller bearing in metric or inch size, annual output exceed 30 million sets, is one of the top 5 auto bearing manufacturers in China.

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