Hits:20652015-10-20 09:25:06
China st52 square tubes, square rectangular tubes reports, the Swiss rieter group released the first half performance in 2012. Accept the order number is higher than 2011 years second half of the year, as expected, reduce sales, profit decreases, the reason is the number of sales decline and company investment plan, 2012/13 investment plan into orbit.
Accept orders to 404.1 million Swiss francs, is the first half year of 2011 strong digital reduced by 40%. However, leader of the first half of 2012 still higher than orders received in the second half of 2011. The report period the sales reached 487.3 million Swiss francs, reduce 19% year-on-year.
Before interest and taxes by 70.6 million Swiss francs operating profit dropped to 32 million Swiss francs, the reason is the decrease in the number of sales and increase investment. The digital equivalent of enterprise production (12.8% in the first half of 2011. Net profit for 21.9 million Swiss francs, or 5.0% of the enterprise's output (91 million Swiss francs, or 16.5% in the first half of 2011, the regular capital gains for 42.3 million Swiss francs.
In the report period, rieter completed the spring 2012/13 of the investment plan announced in the main steps. The company has achieved mid-term main goal, the plan is in operation. The first half of 2012 characteristics are, rieter widely relevant geographic market development trend.
The global economic uncertainty factors square tubes, square rectangular tubes in China and Turkey market sales, because the specific reason for the industry, Indian demand remains weak. Last summer, square tubes, square rectangular tubes stock still very high, this year square tube inventory continue to decline. Party rectangular tubes overall profits situation better, though there are regional differences.
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