Trade Resources Industry Views There Is a Drop on Chinese Ship Enterprises' Industrial Output Value to 16.6% in H1

There Is a Drop on Chinese Ship Enterprises' Industrial Output Value to 16.6% in H1

In the first six months of the current year, the total industrial output of the 80 main ship enterprises in China (whose operations include shipbuilding, ship repairs and production of ship parts) amounted to RMB 171.9 billion ($27.8 billion), down 16.6 percent year on year, according to the figures released by the China Association of the National Shipbuilding Industry (CANSI).

Meanwhile, in the first half of the year the total industrial output of the shipbuilding companies of the 80 main ship enterprises in China amounted to RMB 88 billion ($14.3 billion), down 31.2 percent year on year.

In the given period, the overall operating revenue and gross profit of the 80 ship enterprises in question amounted to RMB 120.3 billion ($19.5 billion) and RMB 3.58 billion ($580 billion), down 18.5 percent and 53.6 percent respectively, both year on year.

In the January-June period of this year, the aggregate export value of the 80 ship enterprises was RMB 78.4 billion ($12.7 billion), down 24.7 percent year on year.

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Chinese Ship Enterprises' Industrial Output Value Down 16.6% in H1
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