HOME >> INDUSTRY NEWS >> China foreign trade situation is stone cold big corporate profits shrink

China foreign trade situation is stone cold big corporate profits shrink

 Published:2013-11-11 00:01:42    Source:    Views:1452

 China's foreign trade situation is stone cold big corporate profits shrink 






"Before 2008, we have an annual sales of 30 million yuan in foreign trade, but now reduced to 25% of the time." Conley Stone General Manager Liu Ze China recently issued such a sigh. 


According to China Stone Material Industry Association statistics, China's stone enterprises more than about 30,000, more than 95% of production of smaller private stone business. Only the disappearance of companies do not disappear in the industry, in all the factors under the influence of the stone industry ushered in an unprecedented reshuffle period. At this very time, the policy of the government, enterprises are also actively change. 


European and American customers lagging payments 
"Prior to doing business with European and American customers always cash on delivery, but last year, an agreement between the two with some changes." Insiders, now many foreign clients in negotiating such an agreement, always note Ming prepaid number of models, and then how long and how much money. Which to some extent increase the company's operating costs. 


Changeable international situation, the European debt crisis has not been resolved, although there have recently been rising U.S. market performance, but on the whole, the increase in transportation costs, material costs, such as multiple pressures, stone trade market weakness is difficult to avoid. "Before 2008, most of the stone business profit margins close to 10%, but the profit margins are only now hovering around 3%." Insiders frustration. 


"Before 2008, foreign sales accounted for the proportion of the company's total business was once more than 50%, but with changes in foreign markets, which accounted for two-year foreign sales decreased year by year." Liu Min Ze said that in addition to increasing the domestic market proportion of domestic sales, but in foreign markets they also actively explore new markets through to stimulate orders. Today, they have been successively developed in the Middle East, Saudi Arabia, Russia and other countries of the customers, the situation now seems pretty good.edited by stone coated steel roof tiles

RELATED NEWS