Wafangdian Bearing announced earnings results for the 2015. For the year, the company gained CNY 2.3 billion incomes down 23.52% year on year. Losses incurred were CNY 33.38 million, but the losses narrowed over a year ago. Losses per share were CNY 0.08.

The company predicts that it would make CNY 1.8 million to CNY 2.6 million net profits in the first quarter this year, compared with losses in the period a year earlier.