Date: 2013-07-31

TMB Net Profit Up 32% for The First Half of 2007

TMB Net Profit Up 32% for The First Half of 2007

TMB (Zhejiang Tianma Bearing Co., Ltd) reported record profit for the first half of 2007. Operating income hit RMB 603 Million, an increase of 39.71% when compared with the same period of 2006. Operating profit totaled RMB 138 Million, rising 36.86%. Net profit was RMB 111 Million, 31.91% higher than last year.

TMB said the increase of operating income and net profit were mainly attributable to the product and market structure adjustment. Besides expanding the existing market, they have made good achievements for enlarging foreign market share. They will continue to innovate bearings for high-tech application to increase their global competitiveness, especially wind power bearings and large precise bearings.

The net profit for the first three quarters of 2007 is expected to increase 30%-45% from previous year. The net profit in the same period of 2006 was RMB 135 Million.

Previous: High Performance Seal Materials Given Priority to Develop in Key Areas
Next: Schaeffler

Hot Products:

Product Model	Inside Diameter	Outside Diameter	Thickness
HCB7004E.T.P4S bearing	20	42	12
HCB7004C.T.P4S bearing	20	42	12

【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.