Machine tool industry cost pressures increase net profit in the first half of 2012

At the end of August, five heavy machinery listed companies, including China First Heavy Industries Group Co., Ltd. and China National Heavy Duty Group, announced the 2012 semi-annual report one after another. According to the statistics of the reporters, the net profit of three companies fell year-on-year. Duplex Heavy Industry Zhongbao stated that industry competition has become more fierce, and product prices have decreased, resulting in a year-on-year decrease in company revenue; rigid increases in energy and raw material prices, rapid growth in financial expenses, and increasing cost pressures, resulting in the company’s loss situation not being changed. . Taiyuan Heavy Industry expects the company's operating performance from January to September 2012 will also be a loss.

A number of declines in the number of micro-increase in China's first half of the company's operating income in the first half of 2012 was 3.888 billion yuan, an increase of 24.67%, net profit attributable to shareholders of listed companies was 0.6 billion yuan, an increase of 6.96%.

In the second half of 2012, operating income was 1.878 billion yuan, an increase of 14.8% year-on-year; net profit attributable to shareholders of listed companies was a loss of 397 million yuan.

In the first half of 2012, Taiyuan Heavy Industry achieved operating income of RMB 4.083 billion, a decrease of 7.95% year-on-year; net profit attributable to shareholders of listed companies decreased by RMB 91 million, a year-on-year decrease of 134.21%.

In the first half of 2012, CITIC Heavy Industries achieved a total operating revenue of 3.433 billion yuan, a year-on-year increase of 10.38%, a total profit of 473 million yuan, an increase of 17.02%, and a net profit of 402 million yuan, a year-on-year increase of 21.62%.

In the first half of 2012, Dalian Heavy Industry achieved operating revenue of 4.619 billion yuan, a decrease of 23.98% over the same period of the previous year; realized total profit of 383 million yuan, a decrease of 29.55% over the same period of last year; net profit of 322 million yuan, a decrease of 29.88% over the same period of last year. .