Ningbo MOS Group Co., Ltd
Add: Zhuangshi, Ningbo, China
Tel: +86-571-56835049
Fax: +86-571-88914025
P.C: 315201

Northwest bearing "at stake" in the first half serious loss (1)

Northwest bearing "at stake" in the first half serious loss (1)


Northwest Bearing Co., Ltd. is located in Yinchuan City, Ningxia Hui Autonomous Region, the Northwest bearing factory set up by the restructuring and reorganization, is China's largest bearing manufacturers in China, is China's first listed company in the bearing industry.

    But according to the author to statistics, since 2009 bearing the Northwest since the performance of the company are in serious decline trend. October 21, 2009

Northwest bearing release third-quarter report: total revenue of the company business 39,103,187.76 yuan, 67.01 percent less than the same period last year,

Attributable to shareholders of listed companies net profit loss of 28,281,683.54 dollars, compared with a year earlier 5,352.03%.

    According to data released by the Northwest Bearing that in 2009 nearly 80,000,000 yuan Northwest bearing loss, a serious decline in orders. For

2009 results, the official said Northwest bearing down mainly due to a serious decline in the leading product orders, a decline in exports to undertake the contract

Mostly generic products, profit margins smaller, resulting in sharp drop in sales.

Author:mosbearing   2010-9-9   Source:    View(1726)     Comment(0)

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