Nanfang Bearing reported net profit growth of 37.69% in 2014

Resource from: CBCC Likes:179

Feb 27,2015

Nanfang Bearing Co., Ltd announced on February 26 that the company achieved revenues of 302 million yuan in 2014, with an increase of 12.84%, and the net profit attributable to shareholders of listed companies was 64.9806 million yuan, with an increase of 37.69%. The basic earning per share was 0.37 yuan. The company attributed the growth in annual results to its efforts on business development, new product R&D, product structure adjustment and lean production management that increases efficiency and reduce costs.

(CBCC)

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