Learned from the China Bearing Industry Association, due to lack of demand of many hosts in 608 Skateboard Bearings industry supporting ,profit growth of the bearing industry in the first half is slowing down, inventory levels increased significantly. The industry experts believe that the backbone enterprises of strength has been enhanced, it is expected that the profitability of the industry in the second half of the year the situation has improved. The data show that from January to June, China's bearing industry realized a total profit of 1.45 billion yuan, a decrease of 41.87% over the same period last year, the amount of Full Ceramic Bearings inventory increased by 4.7 billion yuan a year earlier to 5.23 billion yuan, an increase of 11.30%. The monthly newsletter of the production and operation of the bearing industry manufacturers shows that the first half of this year, 104 involved in the statistics of China's Needle Roller Bearingsindustry enterprises produced a total of 2.11 billion sets of bearings, an increase of 4.76%; sales of 1.95 billion units, down 2.89 percent. Although production growth, but the output was down there. The first half of total industrial output value of 28.31 billion yuan, down 6.97 percent. The industry believes that, although profit growth in the first half of a marked decline, but related data, in line with management expects. The Association expects the main business income of the bearing industry in 2012 will reach about 158 billion yuan, an increase of about 11%, bearing production will reach about 21 billion units, an increase of about 16%.
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