Changzheng Heavy Industry achieves a successful start in the first quarter
Apr 17,2017
summary:
Long March Heavy Industry Achieves Auspicious Start in the First Quarter
In the first quarter, Long March Heavy Industry, closely following the spirit of the Group's 2017 work conference, worked diligently and proactively, successively receiving orders in multiple fields such as railway vehicles, engineering machinery, and wind power equipment. The total contract value increased by 792% year-on-year, industrial output value increased by 179% year-on-year, industrial added value increased by 162% year-on-year, and operating income increased by 144% year-on-year. Profits turned from negative to positive, successfully achieving an auspicious start.
Since the beginning of this year, the company has seized the rare opportunity of market turnaround and successfully obtained a large order for railway vehicles, laying a solid foundation for completing the annual tasks. Currently, all sectors of the company are unprecedentedly busy, with the daily output of flatcars reaching 13 units, setting a historical record. As of the press release date, a total of 600 vehicles have been delivered this year. The company is making every effort to utilize the current most suitable production season, paying close attention to safety, quality, market, and cost, striving for a strong second quarter and achieving the "double over half" target.
Other Information
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Established in 1967, China Shipbuilding Chongqing Changzheng Heavy Industry Co., Ltd.
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Address: Funiuxi, Dadukou District, Chongqing
Postcode: 400083
Website: https://www.cssccq.com/
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