The Profit for Xiangyang Automobile Bearing Co., Ltd (ZXY) Attaining a year-on-year fall of 69% in the first half of this year

Resource from: CBCC Likes:3028

Jul 11,2011

Xiangyang Automobile Bearing Co., Ltd released the semi-annual report in the evening of July 8, the company made profit of 2.55 million yuan in the first half of this year, dropped about 69% compared with the same period of last year. And the reason mainly due to the sharp rise of the price for the raw material of steel and the bought-in components, in the meanwhile, the demand for automobile industry market gradually declined, the main operating profit also relatively decreased.

(CBCC)

【CBCC News Statement】
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.

Add to My Favorites

[Close the window]

Previous The Development & Industrialization Project of Urban Railway Traffic Bearing from LYC was Listed among Luoyang Science & Technology Plans
Next Auto Drive Shaft Expansion Project with the Annual Production Capacity of One Million Sets Started in Changchun

BRIEF INTRODUCTION

Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.

Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.

China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.