Chinese shipbuilding firms’ gross profit totals RMB 350 million in Q1

Friday, 19 April 2019 11:47:40 (GMT+3)   |   Shanghai

In the January-March period of the current year, the 80 medium-sized and large shipbuilding enterprises in China realized an aggregate gross industrial output value of RMB 79.9 billion ($11.9 billion), up 3.4 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 32.0 billion ($4.8 billion) in value, up 5.3 percent year on year.      

In the January-March period this year, the shipbuilding enterprises recorded an aggregate operating revenue of RMB 53.3 billion ($7.9 billion), up 4.9 percent, and a total gross profit of RMB 350 million ($52.2 million), rising by 66.0 percent year on year.

Most Recent Related Articles

Court limits amount of iron ore slag CSN can pile near mill

US import wire rod market unchanged week-on-week

Price stable for Brazilian rebar exports

Turkey books more scrap from the US, Europe

Japanese crude steel output up 5.9 percent in Jan from Dec