Final USITC Report on Chinese Quartz Imports June 2019 | Page 194
The average unit direct labor costs for integrated operations irregularly declined from
$*** in 2015 to $*** in 2017 and were lower between the comparable interim periods. The
average unit direct labor costs for independent fabricators irregularly increased from $*** in
2015 to $*** in 2017 and were higher between the comparable interim periods. On a company-
specific basis, ***. 16
Gross profit or loss
As shown in table VI-7, gross profits for both integrated operations and independent
fabricators increased from 2015 to 2017, and were higher between the comparable interim
periods. The increase in total net sales value was greater than the increase in COGS from 2015
to 2017 and between the comparable interim periods. On a company-specific basis, ***.
16
Estimated value added (total conversion costs (direct labor and other factory costs) as a share of
total COGS) for integrated operations ranged from a low of *** percent in interim 2018 to a high of ***
percent in 2016 (table VI-1). Estimated value added for independent fabricators ranged from a low of
*** percent in interim 2017 to a high of *** percent in 2015 (table VI-3).
VI-20