Site Map  Contact Us  Chinese  Web English  Add to
Search www Inside Search of Web

Parker quarterly profits, sales down
Post time:2009-04-21 09:37:44   Click:90

CMG INTERNATIONAL TRADING DALIAN CO. ,mainly in regard of foreign trade of rubber machinery,manages all kinds of rubber machinery&equipment such as rubber mixing mill,internal mixer(banbury),dispersion mixe(kneader) ,rubber calender,rubber extruder,plate vulcanizer machine,rotary curing machine,precure tread liner moulding press machine,rubber powder and reclaimed rubber equipment,rubber hoses production line,rubber strip production line,tire building machine,heating water deaerator,tire shaping& curing press,cord splitting machine,cycle tire equipment,raw material machinery,check & measuring equipment,etc.

We warmly welcome new and old customers home and abroad,friends from all walks of life to negotiate and cooperate with us.Let's co-create a better future!

 

 

Parker Hannifin Corp.’s net income fell 79.1 percent in the third quarter of fiscal 2009 as net sales slumped 26.3 percent to $2.34 billion .

 

Net profits for the three-month period ending March 31 fell to $53.4 million, the Cleveland-based company reported.

 

The company’s third-quarter results reflected the impact of the global recession, said Don Washkewicz, Parker chairman, CEO and president. Weakness in customer order trends that began in the second quarter continued through the third quarter across almost all markets, he said, leading to a 24-percent decline in organic sales.

 

The company continues to focus on adjusting its cost structure to reflect changing demand levels, maintaining a strong balance sheet, and managing for cash, Washkewicz said. The company’s actions have included workforce reductions, a wage freeze, selected early retirement incentives, and a 10-percent reduction in global salaries.

 

Through nine months of fiscal 2009, sales dropped 8 percent from a year earlier to $8.1 billion, while net earnings fell 34.1 percent to $459 million.

 

Parker’s rubber and elastomeric products include insulators, seals, gaskets, O-rings, spacers and washers, bushings, conductive extrusions, custom molded rubber shapes, hose products, and molded assemblies.

 

 

CMG International Trading Dalian Co,Ltd

Contact Person: William Yang

MSN: williamy98@hotmail.com

Telephone: 86-0411-82766648

Fax: 86-0411-82766647

E-Mail: williamy98@yahoo.com.cn

Address: 22th floor,wan ke mansion,NO.67 Tong Xing street,zhong shan district,Dalian,Liaoning provice,China

 

 

 
Current classification  
Friendly link
Home | About Us | Privacy Policy | Terms And Conditions | Site Map | Contact Us | Add To Favor | E-Mail | English
© 2008-2009 rubbermachineinchina.com - All Rights Reserved.
Supporter:ButterFly