Profit Slid in Q1 2009 and Might See Upturn in the Following Quarter --- Overview of 2008 Annual Report & Q1 2009 Report of Railway Equipment Industry

  • Contributor:TX Investment Consulting
  • Date:May 6, 2009
  • Pages:5pages
  • Price:$80.00
  • File Type: Adobe Acrobat Reader®
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Excerpts:

In 2008, of the 672 listed companies of railway equipment sector, total business turnover was Rmb111340mn (+31.44% yoy), and total profit was Rmb6234mn (+52.66% yoy). In January-February 2009, 753 listed companies’ total sales revenue was Rmb16657mn (+16.36% yoy), and total profit was Rmb590mn (-15.85% yoy). Industrial revenue growth in Q1 2009 obviously slowed down compared with that of 2008; moreover, total profit suffered a negative growth.


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