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Chinese shipbuilding firms’ output value declines slightly in Q1

Monday, 25 April 2016 09:56:52 (GMT+3)   |   Shanghai
       
In the January-March period this year, 94 medium-size and large shipbuilding enterprises in China realized an aggregate gross industrial output value of RMB 95.2 billion ($14.69 billion), down 1.3 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 40.02 billion ($6.18 billion) in value, down 2.3 percent year on year.

In the January-March period, the ship building enterprises saw an aggregate operating revenue of RMB 66.3 billion ($10.23 billion), down 3.5 percent, and a total gross profit of RMB 430 million ($66.36 million), decreasing by 28.9 percent, both year on year.

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