same period were construction machinery
Posted by Liu Er over 6 months ago
The industry gross profit margin decreased year-on-year. In the first half of 2014, the gross margin of the machinery and equipment industry was 19.28%, which was a decrease of 0.2 percentage points year-on-year. The sub-sectors where the gross profit margin declined significantly over the same period were construction machinery,
light industrial machinery, machine tool equipment, refrigeration and ventilation equipment, and oil and gas equipment. The expense ratio increased year-on-year, weakening profitability. In the first half of 2014, the cost rate of the machinery and equipment industry was 13.42%,
an increase of 1 percentage point year-on-year, of which the sales expense ratio was 3.92%, an increase of 0.12 percentage points year-on-year; the management expense ratio was 7.96%, an increase of 0.51 percentage points year-on-year; the financial expense ratio was 1.54%,
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