Northwest bearing lost 150 million last year

NetEase Financial April 18 News Northwest bearing the annual disclosure report, the company last year, the loss of 156 million, year-on-year decline of 30.32% per share loss of 0.72 yuan. The company pointed out that last year due to further intensification of the industry competition, raw material prices continue to rise, the company's production and operation encountered unprecedented difficulties, leading products oil machinery bearing orders significantly reduced, product structure trend of the miniaturization of common areas, resulting in large losses throughout the year. The audit organization has issued an unqualified audit report with an emphasis on the company's financial statements.　　It points out that the Northwest Bearing Company has two consecutive years of large losses, some loans can not be repaid on schedule, capital turnover difficulties, and its continued operational capacity there is a major uncertainty. 18th, northwest bearing closed 16.21 Yuan.　　Volume rose more than 6%. Responsible Editor: NF058