Chinese shipbuilding firms’ gross profit down 9.1 percent in Jan-Sept

Thursday, 18 October 2018 10:33:10 (GMT+3)   |   Shanghai
       

In the January-September period of the current year, the 80 medium-size and large shipbuilding enterprises in China realized an aggregate gross industrial output value of RMB 273.0 billion ($39.4 billion), down 4.0 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 100.0 billion ($14.5 billion) in value, down 9.3 percent year on year.             

In the January-September period this year, the shipbuilding enterprises recorded an aggregate operating revenue of RMB 189.0 billion ($27.3 billion), down 11.0 percent, and a total gross profit of RMB 1.0 billion ($0.15 billion), decreasing by 9.1 percent, both year on year.


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