Strong Financial Result of China Bearing Industry in 2004

Resource from: cbcc Likes:2950

Mar 30,2005

Statistically, in the past 2004 the financial result of China bearing industry was strong. The total industry output value hit RMB22.37 billion Yuan, upped 21.25% from 2003; sales value hit RMB22.37 billion Yuan upped 21.57%; industrial additional value hit RMB6.39 billion Yuan upped 16.82%. The 92 enterprises involved in the statistics together produced 1.61 billion sets of bearings, upped 11.83%; bearing sales hit 1.635 billion sets, upped 12.83%; export sales reached 695 million sets, upped 6.54% and bearing stock upped 5.63%, from 3.313 billion to 3.499 billion sets. Total sales income of these 92 enterprises hit RMB21.29 billion Yuan, upped 18.95%. Sales of bearings hit RMB16.69 bilion Yuan which included RMB4.16 billion Yuan's export. Total revenue hit RMB1.72 billion Yuan, upped 16.85%.

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