New Products Benefited Dalian Metallurgy & Bearing Co., Ltd
Dalian Metallurgy& Bearing Co., Ltd have enlarged the investment in technology and developed new products. Since the beginning of this year, the Company has invested 19 million RMB in succession and developed the large slewing bearing and wind power bearing according to the market demand, which took up the domestic market of the large slewing bearings for cement, ship and port machinery industry, etc. and changed the situation of importing bearings in the mentioned industries above.
Up to the end of November, the Company has achieved the production value of 688.03 million RMB, which increased 1.2% on a year-on-year basis, the sales income of 490.77 million RMB, which increased 4.1% on a year-on-year basis, the total profit of 56 million RMB, which increased 6.1% on a year-on-year basis and turned in the tax of 32.07 million RMB, which increased 13% on a year-on-year basis.
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