May 21, 2020 - On May 21st, according to the statistics of Liaoning Faku Ceramics Association, as of May 20, the total inventory of more than 30 ceramic enterprises in Faku Ceramics Industrial Park was about 45 million square meters, and the value of goods was about 1.1 billion yuan, year-on-year Down 10%. Thanks to the good sales performance of the past 40 days or so, the inventory has dropped by nearly 20% month-on-month.
It is understood that as the largest floor tile production enterprise in Northeast China, Shenyang Wuzhou Ceramics currently produces all three major lines, with a daily output of 73,000 square meters. At this stage, the total inventory is about 2.4 million square meters, with a value of 65 million yuan, a year-on-year decrease 8%.
As the largest ceramic tile production enterprise in Northeast China, Shenyang Yiyou Ceramic Group has an inventory of about 800,000 square meters and a value of 16 million yuan, a year-on-year decrease of 12%.
Overall, since the beginning of this year, the total inventory of finished products in the Faku production area has been at a historically low level, and the overall financial situation of the company is benign.
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