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Chinese shipbuilding firms’ output value edges down in January-May

Thursday, 23 June 2016 09:56:43 (GMT+3)   |   Shanghai
       
In the January-May period this year, 94 medium-size and large shipbuilding enterprises in China realized an aggregate gross industrial output value of RMB 166.0 billion ($25.20 billion), down 0.5 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 67.0 billion ($10.17 billion) in value, down 3.1 percent year on year.
 
In the January-May period, the shipbuilding enterprises recorded an aggregate operating revenue of RMB 115.0 billion ($17.46 billion), down 3.8 percent, and a total gross profit of RMB 1.6 billion ($0.24 billion), decreasing by 22.3 percent, both year on year.

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