China Market

Statistics of Chinese Bearing Industry Jan. to April 2006

Resource from: cbcc-yinx 04 Jul,2006
Statistics based on 91 bearing enterprises' performance:

From Jan. to April total industrial output value were RMB9.3133 billion, increased by 21.54% from the same period last year; industrial sales were RMB9.2333 billion, increased by 23.17%; industrial growth value were RMB2.711 billion, 26.89% higher than the same period last year.

During the first four months, total bearings output of the 91 enterprises were 685.7 million sets, increased by 19.53%, about 112 million sets more than the same period last year; bearings sales volume were 679 million sets, increased by 14.43%, about 85.6 million sets more than last year; bearings export were 277 million sets, increased by 13.21%, about 32.3 million sets more than last year; bearing inventory value were raised from last year's RMB3.437 billion to 3.711 billion.

Total sales of the 91 enterprises were RMB8.8 billion, increased by 18.53%. In the sales mix, sales of bearings products were RMB6.52 billion, increased by 16.99%; about RMB1.57 billion of sales were earned through export, increased by 6.34%; Total profit of bearings business were RMB500 million, increased by 44.90% from last year. Tax payment were RMB370 million, 41.49% higher than last year.

Among the 91 enterprises, there are 49 enjoyed profit growth; 35 suffered profit decline and 7 maintain the same profit level as last year.
(cbcc-yinx)
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