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    Home > Coatings News > Paints and Coatings Market > Turnover in the nation's shipbuilding industry improved and profits fell.

    Turnover in the nation's shipbuilding industry improved and profits fell.

    • Last Update: 2020-09-09
    • Source: Internet
    • Author: User
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    (Xinhua) --
    From January to October, China Shipbuilding Industry Association announced that 32.87 million load tons of shipbuilding were completed nationwide, up 15.4% year-on-year. At the end of October, orders for hand-held vessels from shipyards above the national scale were 132.01 million tons, down 14% year-on-year and 11.6% from the end of 2014. Shipbuilding completions and new orders increased by 45.8% and 79% year-on-year, respectively, in October.
    from January to October, China's completed export ships carried 28.92 million load tons, up 18.1% YoY; Export ships accounted for 88%, 87.8% and 95.5% of the country's shipbuilding completions, new orders and hand-held orders, respectively.
    , while the turnover of Chinese shipbuilders has improved, real profits have been falling. From January to September, 1448 shipbuilding industry enterprises above the national scale achieved main business revenue of 562.85 billion yuan, up 4.2% YoY. Among them, shipbuilding was 288.39 billion yuan, up 5.7% YoY. The ship support industry was 72.09 billion yuan, up 9.2% YoY. The ship repair industry was 15.47 billion yuan, down 7.5% year-on-year. The total profits of shipbuilding industry enterprises above the scale amounted to 13.4 billion yuan, down 30% Year-on-Year.
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