Date: 2013-07-31

XAB Release 2006 Fiscal Result

XAB Release 2006 Fiscal Result

Xiangyang Automobile Bearing Co.,Ltd released part of their 2006 fiscal result.

In the fiscal year 2006, XAB accomplished a net profit of 21,640,158.10 yuan, EPS were 0.0719 yuan, assets per share were 1.26 yuan, profit/net assets ratio were 5.71 percent, cash flow per share were 0.1158 yuan.

The company denied any dividend in the fiscal year.

ZXY is the registered brand of Xiangyang Automobile Bearing Co.,Ltd(XAB). The company, founded in 1968, located in Hubei province. They mainly manufacture various tapered roller bearing in metric or inch size, annual output exceed 30 million sets, putting them one of the top 5 auto bearing manufacturers in China.

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