Wafangdian Guangyang Bearing Reached Half-year Target

Resource from: CBCC Likes:2904

Jul 31,2008

Guided by persisting in scientific development viewpoint, reform and innovation, and optimization of management, Wafangdian Guangyang Bearing Company developed soundly in the first half of this year. Half-year gross industrial output value accounted for 60% of full year, which increased 37.99% compare to the same period of last year. Sales volume reached 53.2% of expected of full year, which increased 23.8% than last year. Payment collection achieved 54.8% of whole year, which increased 57.4% than the same period of last year. Although facing the unfavorable situation of the raw materials' price rising, Wafangdian Guangyang Bearing Company actively took measures to saving energy and further improved the production efficiency. Cost and expense have been controlled effectively. Wafangdian Guangyang Bearing Group is one of the largest producers of bearings in Wafangdian, as well as a major modern manufacturer for large and middle scale bearings. It also served as one of the domestic R&D bases with advanced technology.

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