Date: 2013-07-31

Xibei Bearing Posts Loss Of 150M Yuan In 2010

April 19 -- Xibei Bearing (000595) reported a loss of 156 million yuan in 2010, with losses per share of 0.72 yuan. Due to intense market competition and higher raw material prices, orders of petroleum equipment bearings fell in 2010, the company said.

Since Xibei Bearing has operated at a loss for two consecutive years, its stock will be placed into the special treatment category on April 20, and its stock price daily fluctuation will be limited to five percent after that.

Previous: Both Production and Marketing of Bearing Enterprises in Yushan County of Jiangxi Province are Thriving in the First Quarter of 2011
Next: Fujian Longxi Bearing (Group) Corp., Ltd. Signed Contract to Purchase Land

Hot Products:

Product Model	Inside Diameter	Outside Diameter	Thickness
KT455017 IKO	45	50	17
KT425030 IKO	42	50	30

【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.