Date: 2013-08-01

A B C Bearings Net Dips 28.13% for Sep`08 Qtr

A B C Bearings reported a steep drop in standalone net profit for the quarter ended September 2008. During the quarter, the profit of the company declined 28.13% to Rs 20.64 million from Rs 28.72 million in the same quarter last year.

Net sales for the quarter rose 5.72% to Rs 392.64 million, while total income for the quarter rose 6.53% to Rs 400.46 million, when compared with the prior year period.

The company posted earnings of Rs 1.79 a share during the quarter, registering 28.11% decline over prior year period.




A B C Bearings produces tapers, cylindrical rollers and ball thrust bearings that are consumed by industries such as automobile to reduce friction between moving parts.

Shares of the company declined Rs 0.75, or 1.61%, to trade at Rs 46. The total volume of shares traded was 216 at the BSE (11.56 a.m., Wednesday).

Previous: Graphalloy Components Offer Low Friction
Next: ZAP's Main Laboratory Meets ISO 17025 Requirements

Hot Products:

Product Model	Inside Diameter	Outside Diameter	Thickness
23028RH KOYO	140	210	53
22326RHR KOYO	130	280	93

【TradeBearings News Statement】

1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"TradeBearings".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.