India's ABC Bearing Company's Fourth Quarter 2010 Net Profit Drops 17.44%

In the fourth quarter of December 2010, India’s ABC Bearings Corporation’s net profit was 64,400,000 rupees, which was 17.44% lower than the net profit of 78 million rupees for the same period in 2009. The company’s sales for the fourth quarter of 2010 were Rs. 460.1 million, an increase of 14.97% compared to sales of Rs. 4.02 billion in the same period of 2009.