On April 27th, the National Bureau of Statistics released the profit growth of industrial enterprises above designated size in the country from January to March. From January to March, the total profits of industrial enterprises above designated size reached 1,297.20 billion yuan, down 3.3% year-on-year, and the decline was 10.7 percentage points lower than that in January-February. Among them, the instrument and meter manufacturing industry realized a total profit of 10.21 billion yuan, an increase of 7.0%. Ningbo Hope Magnet Co.,Ltd , https://www.nbhpmagnet.com
Year-on-year growth in cumulative operating income and total profit
From January to March, among the industrial enterprises above designated size, the state-owned holding enterprises realized a total profit of 414.62 billion yuan, down 13.4% year-on-year; the joint-stock enterprises realized a total profit of 917.09 billion yuan, down 1.0%; foreign and Hong Kong, Macao and Taiwanese investment enterprises realized a total profit of 3182.2 100 million yuan, down 7.9%; private enterprises realized a total profit of 325.98 billion yuan, an increase of 7.0%.
From January to March, among the 41 major industrial sectors, the total profit of 28 industries increased year-on-year, and 13 industries decreased. The profit of major industries was as follows: total profit of special equipment manufacturing industry increased by 32.8%, electrical machinery and equipment manufacturing increased by 21.2%, general equipment manufacturing increased by 18.4%, non-metallic mineral products increased by 13.6%, electric power, heat production and supply. The industry grew by 11.4%, the oil and gas exploration industry grew by 10.3%, the textile industry by 3.6%, the oil, coal and other fuel processing industries by 54.5%, the ferrous metal smelting and rolling processing industry by 44.5%, and the automobile manufacturing by 25.0%. The coal mining and washing industry fell by 18.0%, the chemical raw materials and chemical products manufacturing industry fell by 17.8%, and the non-ferrous metal smelting and rolling processing industry fell by 12.6%.