Corporate report: Increasing pressure on machine tool industry costs

The machine tool industry deals with many aspects of industrial manufacturing. Recently, a number of heavy machinery listed companies have successively announced the 2012 semi-annual report. The report shows that the decline in net profit of many companies is mainly due to increased pressure on the cost of machine tools.

Among the 5 companies that issued the report, the net profit of 3 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 slight increase of more than a few drops <br> <br> China a heavy first half of 2012 the company achieved operating income of 3.888 billion yuan, an increase of 24.67 percent year on year, attributable to shareholders of listed companies net profit of 060 million 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. .