Data show that from January to June, China's high-temperature oil pump industry realized a total profit of 1.45 billion yuan, 41.87% less than the same period last year, and the amount of high-temperature oil pump inventory also increased from 4.70 billion yuan last year to 5.23 billion yuan, an increase of 11.30%. The association estimates that the main business income of high-temperature oil pump industry will reach about 158 billion yuan in 2012, up about 11%, and the output of high-temperature oil pump will reach about 21 billion sets, up about 16%.
Industry insiders believe that as the strength of backbone enterprises has been enhanced, the industry is expected to improve the profitability of the second half of the year.
. According to the China High Temperature Oil Pump Industry Association, the profit growth of the high temperature oil pump industry slowed down significantly in the first half of the year and the inventory level increased significantly due to the lack of supporting demand in many domestic host industries.
The monthly production and operation bulletin of the main production enterprises in the high temperature oil pump industry shows that in the first half of this year, China's high temperature oil pump industry 104 enterprises involved in the statistics produced 2.11 billion sets of high temperature oil pumps, a year-on-year growth of 4.76%; Sales were 1.95 billion units, down 2.89 percent year on year. Although output has increased, output value has declined.
Industry insiders believe that although the first half of the profit growth significantly declined, but the relevant data are basically in line with management expectations. In the first half of the year, the total industrial output value was 28.31 billion yuan, 6.97% less than the same period last year.
