Chinese shipbuilders’ gross profit totals RMB 220 million in Jan-Feb

Friday, 22 March 2019 10:23:26 (GMT+3)   |   Shanghai

In the January-February period of the current year, the 80 medium-size and large shipbuilding enterprises in China realized an aggregate gross industrial output value of RMB 46.8 billion ($7.0 billion), down 0.8 percent year on year, according to the figures released by the China Association of the National Shipbuilding Industry (CANSI).

In the given period, the shipbuilding enterprises in question achieved aggregate exports totaling RMB 16.8 billion ($2.5 billion) in value, down 1.2 percent year on year.            

In the January-February period this year, the shipbuilding enterprises recorded an aggregate operating revenue of RMB 25.4 billion ($3.8 billion), down 0.8 percent, and a total gross profit of RMB 220 million ($32.8 million), shifting from a total gross loss of RMB 520 million in the same period of previous year.

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