Nanfang Bearing Half-year report 2014

Resource from: CBCC Likes:108

Jul 18,2014

Nanfang Bearing Co., Ltd. disclosed the Half-year report on July 17, 2014. The report showed that in the first half of 2014 the company achieved total revenue of 150,797,778.75 yuan, an increase of 14.41%, of which the main business income was 149,793,393.28 yuan, representing an increase of 14.59%, and the gross margin increased 2.92% over last year. Basic earnings per share was 0.1981 yuan, an increase of 52.50%. The company's main business income accounted for 99.33% of the total operating income; the net profit attributable to shareholders of listed companies was 34,463,663.42 yuan, an increase of 52.42%, of which the net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 27,482,671.51 yuan, an increase of 25.60%. In the first half of 2014, the company's main business included needle roller bearing, overrunning clutch and single pulley assembly, realizing the sales of 91,621,345.86 yuan, 43,826,275.66, and 13,408,683.47 yuan respectively.

(CBCC)

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