During the period from January to June, 2013, the complete industrial gross production value of the China’s 80 shipbuilding and its related companies was CNY 171.9bn (around above $28bn) decreased by 16.6% from a year ago.
According to a report of the China Association of the National Shipbuilding Industry (CANSI), shipbuilding sector dropped by 31.2% to CNY 88bn while ship equipment showed a 27.3% drop to CNY 12bn and ship repair also declined by 8.5% to CNY 5.46bn.
During the same period, the complete export trading value of the 80 companies came to CNY 78.4bn with a 24.7% decline comparing with the same time period a year ago, of which, shipbuilding decreased by 26.5% to CNY 71.1bn while ship equipment showed a 20.7% decrease to CNY 2.32bn and ship repair also declined by 20.9% to CNY 3.4bn.
In the year to June, the operating revenue of those 80 companies was CNY 120.3bn with a year-on-year decline of 18.5% while total profit was recorded to be CNY 3.58bn, also showing a 53.6% decrease in comparison to the same time period of last year.