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          China's bearing profit in the first half of the year was 1 billion 450 million yuan, an increase of 41.87% over the same period last year.
          Date:2017/9/11 9:51:00 Number of clicks:1958Sources of news:
          Reporter learned yesterday from the China Bearing Industry Association, due to the lack of supporting demand in many domestic host industries, the profit growth of the bearing industry slowed obviously in the first half of the year, and the inventory level was obviously rising.
          The industry believes that due to the strength of backbone enterprises has increased, industry profitability is expected to improve in the second half of the year.
          The data showed that from 1 to June, China's bearing industry achieved a total profit of 1 billion 450 million yuan, a decrease of 41.87% over the same period last year, while the bearing stock increased from 4 billion 700 million yuan to 5 billion 230 million yuan in the same period last year, up by 11.30%.
          In the first half of this year, 104 enterprises participating in statistics in the bearing industry have produced 2 billion 110 million sets of bearings in the first half of this year, with a year-on-year increase of 4.76%, and the sales volume of 1 billion 950 million sets, and a 2.89% reduction in the same year. Although output has increased, output has declined. In the first half of this year, the total industrial output value was 28 billion 310 million yuan, down 6.97% from the same period last year.
          According to the insiders, although the profit growth in the first half of this year has dropped significantly, the relevant data basically meet the management department's expectations. The Association estimates that in 2012, the main business income of the bearing industry will reach about 158 billion yuan, up about 11%, the bearing output will reach about 21 billion sets, and the increase is about 16%.
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