ZXY Reported Financial Results in 2007

bearingsBearing > Bearings news > ZXY Reported Financial Results in 2007


On April 11, Xiangyang Automobile Bearing Co.,Ltd (ZXY) released its annual report 2007. The revenue in 2007 rose 43.03 percent to RMB 392,187,894.57 year-on-year. Net profits rose 40.86 percent to RMB 30,483,283.65, compared with that of last year.

The annual report announced, in a whole year of 2007, ZXY had achieved good results with the target of ¡°to become China¡¯s top automobile bearings base¡±and¡°to seek advanced management, high-quality products & large-scale sales¡±.

ZXY mainly focused on the following work: First, taking effective measures to account for more market share. Second, improving products quality & basic management based on TS16949 system; Third, extensively developing domestic & international markets to optimize the market structure step by step; Fourth, accelerating the development of new products; Last, further strengthening brand building. With the endeavour of all staff, ZXY successfully completed its operation targets in 2007.

related navigation:
China Becomes Third Machinery Equipment Supplier to Brazil
SKF Sees Q2 Volume Growth at Q1 Underlying Level
Quarrying and Mining Products from P & K Mining Equipment
BNL Debuts New Website
Dalian Jinniu Received ¡°2007 Top Supplier¡± from Schaeffler
Competition Spurs Strategic Changes
China's Machinery Imports and Exports up Steadily in Jan.- Feb
Bearing Industry Makes a Great Contribution to Guanxian Economic Development
Schaeffler Ningxia Plant Groundbreaking
SKF First-Quarter Net Rises 7.9% on Energy, Farming
SKF's 1Q Sales Rise 9 Percent
Timken Launches New Bearings Manufacturing Plant in India
EnPro Industries Sets Date for First Quarter Earnings Release and Conference Call
Please input keyword
Portescap Receives ISO Certification
South Korean-based Ball-bearings to Bring More than 100 Jobs to Spartanburg
SKF Sales Support Manager Visited Guizhou Winstar
Four Bearings from Guangyang Group Won Patent Certificate
NSK Establishes Large Technical Center in China
Freedonia Market Research Report Analyzes Bearing Demand in China