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Longxi Bearing(LS) Announced First-Half Fiscal Result
August 2, Fujian Longxi Bearing Group Co.,Ltd(LBGC) announced their first-half fiscal result.
During the first half, sales of the company were RMB273.074 million, increased by year-on-year 15.65%; net profit were RMB41.561 million, increased by 16.69% from last year.
Among the total, sales of bearings were RMB186.295 million, a rise of 5% than the same period last year; cost of sales were RMB102.094 million, decreased by 1.61% from last year; those figures for gear & gearbox products were RMB72.401 million, a rise of 92.36% and RMB53.899 million, increased by 109.94% respectively; for auto parts products, RMB14.378 million, declined by 31.75% and RMB12.941 million, reduced by 27.92%.
Longxi Bearing Group Co.,Ltd, located in Fujian province, is one of the largest bearing producers in China. They mainly manufacture spherical plain bearings, composite material bearings, tapered roller bearings, cylindrical roller bearings, gearbox etc. "LS" is their registered brand.
Visit Longxi Bearing Group's Website
| Product Model | Inside Diameter | Outside Diameter | Thickness |
| H3984HG bearing | 420 | ||
| H3380HG bearing | 400 |