Xibei Bearing Co.,Ltd. Releases 2008 Q1 Report

Resource from: CBCC Likes:2917

Jun 04,2008

Xibei Bearing Co.,Ltd. Releases 2008 Q1 Report Xibei Bearing Co.,Ltd. released the First Quarterly Report on April 14. Till the end of this report period, company's total assets are RMB 934.77 million, increasing 0.63% comparing with the same period of 2007. The net profits of the first quarter are RMB 7.51 million with the decrease of 55.81% comparing to the same period, and EPS is RMB 0.04, decreasing of 48.72% compared with the same period of 2007. Xibei Bearing Co., Ltd. is a China-based company principally engaged in the manufacture and distribution of various rolling bearings, under the brand name of NXZ. The Company provides over 3,000 types of bearings. The Company distributes its products in the domestic market and the overseas markets, including Asia, Europe and the Americas. As of December 31, 2006, the Company had one major subsidiary. The Company is headquartered in Yinchuan, Ningxia Hui Autonomous Region, the People's Republic of China.

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