Date: 2013-07-31

Xibei Bearing Release 2006 Fiscal Results

Xibei Bearing Release 2006 Fiscal Results

Xibei Bearing Stock Co.,Ltd released their 2006 fiscal report, showing a stable progress over the last year.

In 2006, the company recorded a major business income of 452 million yuan, 28.61 percent higher than the prior year; profit were 121 million yuan, a year-on-year increase of 66.23 percent; net profit hit 10.3361 million yuan, 37.65 percent higher than last year.

Xibei Bearing Stock Co.,Ltd is subsidiary of Xibei Bearing Group, a private bearing maker in Yinchuan, Ningxia Huis Autonomous Region. They mainly produce "NXZ" brand rolling bearings with outer diameter from 40 to 2250 mm, used in the fields like railway, petroleum, metallurgy, mining, chemical, automobile etc.



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