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Chinese shipbuilding firms’ output value declines in January-September

Thursday, 20 October 2016 09:59:11 (GMT+3)   |   Shanghai
       
In the January-September period this year, 94 medium-size and large shipbuilding enterprises in China realized an aggregate gross industrial output value of RMB 316.0 billion ($46.95 billion), down 2.7 percent year on year, according to the figures released by the China Association of the National Shipbuilding Industry (CANSI).

In the given period, the shipbuilding enterprises in question achieved aggregate exports totaling RMB 121.0 billion ($17.98 billion) in value, down 3.2 percent year on year.

In the January-September period, the shipbuilding enterprises recorded an aggregate operating revenue of RMB 228.0 billion ($33.88 billion), down four percent, and a total gross profit of RMB 2.42 billion ($0.36 billion), decreasing by 26.7 percent, both year on year.

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