China Market

Shanghai Electric Bearing Reports First Nine Months Results

Resource from: 01 Nov,2005
According to the certain statistics, in the first nine months, the total assets hit RMB 794.343 million, 79.43% of the predictive results, and up 10.23% from the prior year.

The sales were RMB 789.167 million, 78.92% of the predictive results, an increase of 16.2% over last year.

The foreign exchange in the first 9 months reached USD 52.47million, 99.01% of the a predictive results, up 36.4% over last year.

The profit was RMB 14.065 million, 75.10% of predictive results, up 115.0% from last year.

The receivables hit RMB 274.41 million, an increase of 1.2% over last year. The inventories were RMB 306.202 million, up 4.9% from the prior year.

After analyses of every economic indicator in the first nine months, we can notice that the foreign exchange has been completed three months ahead of schedule. Compared to last year, , the total assets were 4.43%, up 10.23%; sales income 3.92%, up 16.19%; and profits 0.1%., up 115.0%, which exceed the predictive results of the third quarter. The receivables and inventories have declined, but still fell short of their aims.
()
(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.
Previous:  XBBC Sign A Mutual Assurance Contract With NMPIC
Next:  China Begin Produce Vibration Sifter Bearing

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.

Home    Join    Help
Global Buyers
Product Catalog
Demand & Offer
Bearing Store
Home
Member Centre
My CBCC
Join Us Now
Apply Free Trial Now!
Quick Supplier Index