Chinese shipbuilding firms see 79% rise in gross profit in Jan-Apr

Monday, 20 May 2019 10:36:48 (GMT+3)   |   Shanghai

In the January-April period of the current year, the 80 medium-size and large shipbuilding enterprises in China realized an aggregate gross industrial output value of RMB 112.0 billion ($16.3 billion), up 6.7 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 42.6 billion ($6.2 billion) in value, rising by 3.9 percent year on year.                                                    

In the January-April period this year, the shipbuilding enterprises recorded an aggregate operating revenue of RMB 70.5 billion ($10.3 billion), up 2.2 percent, and a total gross profit of RMB 430 million ($62.5 million), up 79.0 percent year on year.


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