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Date: 2013-07-31

LBSTC Report 2006 First Half Results

Luoyang Bearing Science & Technology Co.,Ltd(LBSTC) announced their first half results on July 24.

The following figures are based on primary calculation of the company financial data, which has been undergoing internal auditing but not yet been sent to professional accounting agency. Thus, it is for reference only.


ITEM 2006 Results(10,000yuan) Growth

Main Business Sales    8770.51    11.82%
Main Business Profit    3020.37    16.36%
Total Profit    1456.21    10.36%
Net Profit    1456.21    10.36%
EPS(yuan)    0.187    -7.88%
Return on Equity    5.19%    0.16%

In the first half 2006, sales and profit of the company has kept a good momentum of growth. During the second quarter, the company moved parts of its bearing productions to the new site in Luoyang Development Zone. The so-caused production halt had a negative influence on their first half results.

Luoyang Bearing Science & Technology Co.,Ltd


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