Beizhong Group Achieves 30% Year-on-Year Growth in Gross Industrial Output Value in First Half of the Year

2013-07-18 505 0人评论
       From January to June, Beizhong Group completed a gross industrial output value of over 4.45 billion yuan, up 30.1% year on year, and realized a profit of more than 25 million yuan. In the first half of the year, Beizhong Group continuously innovated its business model. Amid the overall downturn in industries such as steel, cement and coal across the country, sales revenue of mining vehicle products increased 10.99% year on year, sales of special steel products posted positive month-on-month growth, and sales of coal machinery products rose 29.15% year on year. The company achieved cost savings and value creation of 50.02 million yuan, and the special steel efficiency improvement project advanced in an orderly manner, with new breakthroughs made in the construction of a 50-ton medium-frequency furnace, steelmaking process transformation, and improvement of material utilization.

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