In the first four months of this year, the industrial gross production value, economic benefit and total ship export of China’s 80 shipbuilding and its related companies which are subject to be monitored were seen to go downwards and production management condition also got worse.
According to the latest report released by the China Association of the National Shipbuilding Industry (CANSI), the industrial gross production value of those 80 companies amounted to CNY 101.3bn (around more than $16.4bn), a 18.9% drop comparing with the same period of last year, of which, shipbuilding industry achieved CNY 52.4bn, showing a 33.3% fall while marine equipment industry had CNY 7.55bn and ship repair industry, CNY 3.77bn, each having drops of 31.4% and 7.2%.
During the same period, complete export trading value of the 80 companies was tallied to be CNY 46.8bn in total, a 29% drop from the same period of the previous year, of which, the shipbuilding industry had CNY 42bn with a 29.3% fall while the marine equipment industry had CNY 1.87bn with a 37% decline and the ship repair industry, CNY 2.45bn with a 16.5% drop.
For the first four months, the operating revenue of those 80 companies was CNY 66.3bn with a year-on-year decline of 22.5% while total profit was recorded to be CNY 2.05bn, also showing a 56.7% decrease in comparison to the same time period of last year.