In the first two months, the profits of industrial enterprises above designated size fell by 37.3% year-on-year.
At 10 o'clock on the morning of March 27, the National Bureau of Statistics released statistics showing that the profits of industrial enterprises above designated size fell by 37.3% year-on-year in the first two months. PRO-CHARGER CO., LTD. (VICTOR HERO HOLDINGS LTD, TIME VALUE LTD.) , https://www.pro-chargerco.com
The data show that in the first two months of this year, the national industrial enterprises above designated size (the enterprises with a main business income of more than 5 million yuan, the same below) realized a profit of 219.1 billion yuan, a year-on-year decrease of 37.3%.
Among industrial enterprises above designated size, state-owned and state-controlled enterprises realized a profit of 56.7 billion yuan, a year-on-year decrease of 59.2%. Collective enterprises realized profits of 5.9 billion yuan, down 5.9%; joint-stock enterprises realized profits of 111.5 billion yuan, down 39.7%; foreign-invested enterprises from Hong Kong, Macao and Taiwan achieved profits of 62 billion yuan, down 39.3%. The private sector realized a profit of 70.5 billion yuan, an increase of 3.3%.
Among the 39 major industrial sectors, the profit of the oil and natural gas mining industry decreased by 86.1% year-on-year, the profit of the chemical industry decreased by 49.3%, the building materials industry decreased by 3.6%, the electronic communication equipment manufacturing industry decreased by 96.3%, and the special equipment manufacturing industry decreased by 13.4%. The transportation equipment manufacturing industry fell 40.4%, the power industry fell 77.0%, the steel industry turned from a profit of 25.5 billion yuan in the same period last year to a net loss of 770 million yuan, and the non-ferrous metal smelting and rolling processing industry turned from a profit of 12.8 billion yuan to a net loss of 19.3. In the chemical fiber industry, the profit from the same period was 1.2 billion yuan and the net loss was 130 million yuan. The profit of the coal mining industry increased by 15.0%. The oil processing and coking industry turned from a net loss of 19.4 billion yuan to a profit of 11.7 billion yuan.
The total tax revenue of industrial enterprises above designated size was 322.9 billion yuan, a year-on-year increase of 8.3%.
The income from the main business of the above-scale industries was 6,060.1 billion yuan, a year-on-year decrease of 3.1%.
At the end of February, the accounts receivable of industrial enterprises above designated size were 3.9286 trillion yuan, a year-on-year increase of 7.3%. The funds for finished products reached RMB 19802 billion, a year-on-year increase of 11.7%.