Chinese shipbuilding firms’ gross profit up 10 percent in January-May

Thursday, 20 June 2019 11:41:15 (GMT+3)   |   Shanghai

In the January-May period of the current year, the 80 medium-size and large shipbuilding enterprises in China realized an aggregate gross industrial output value of RMB 141.2 billion ($20.5 billion), up 7.6 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 53.3 billion ($7.7 billion) in value, rising by 2.5 percent year on year.     

In the January-May period this year, the shipbuilding enterprises recorded an aggregate operating revenue of RMB 88.1 billion ($12.8 billion), increasing by 1.3 percent, and a total gross profit of RMB 550 million ($79.7 million), up 10.0 percent year on year.



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