Industrial Profits Decreased from January to July

By CnAgri2012-08-27 16:57:20 Print

From January to July, the industrial profits of enterprises above designated size achieved 2,678.5 billion yuan, a year-on-year decrease of 2.7 percent. In July, the industrial profits of enterprises above designated size achieved 366.8 billion yuan, a year-on-year decrease of 5.4 percent.

From January to July, the profits of state-owned and state-holding industrial enterprises above designated size gained 784.7 billion yuan, decreased 12.2 percent, that of collective-owned enterprises reached 42.6 billion yuan, increased 7.8 percent, that of joint-stock enterprises stood at 1,568.2 billion yuan, decreased 1.2 percent, that of foreign funded enterprises, and enterprises funded from Hong Kong, Macao and Taiwan achieved 609.0 billion yuan, decreased 12.6 percent, and that of private enterprises gained 818.7 billion yuan, increased 15.5 percent, year-on-year.

Within 41 divisions of industrial sector, the profits of 25 industrial divisions increased year-on-year, that of 15 declined, and that of 1 turned to get net loss from profits, year-on-year. Of which, the profits of agro-food processing industry rose by 16.6 percent, that of the manufacture of automobile industry increased 10.2 percent, that of manufacturing of electrical machinery and equipment increased 1.0 percent, that of production and supply of electric power and heat power expanded 29.3 percent, that of petroleum and natural gas extraction industry decreased 2.1 percent, that of raw chemical materials and chemical products went down by 21.3 percent, that of ferrous metal mining and processing decreased 60.8 percent, that of manufacturing of general equipment declined 0.9 percent, that of communication equipment, computers and other electric equipment production went down by 1.6 percent, that of processing of petroleum, coking, processing of nuclear fuel turned to get net loss from profits over the same period of previous year.

The revenue from principal business of enterprises above designated reached 49,989.1 billion yuan, ballooned 10.6 percent, year-on-year. The cost of main business revenue for per hundred yuan stood at 85.41 yuan, with the margin hit 5.36 percent.

The revenue from principal business of state-owned and state-holding industrial enterprises grew to 13,552.6 billion yuan, increased 5.5 percent, year-on-year, the costs of revenue from principal business for per hundred yuan stood at 82.74 yuan, with the margin hit 5.79 percent; that of collective-owned enterprises reached 653.4 billion yuan, increased 8.1 percent, the costs of revenue from principal business for per hundred yuan stood at 85.53 yuan, with the margin hit 6.52 percent; that of joint-stock enterprises reached 28,700.4 billion yuan, increased 12.2 percent, the costs of revenue from principal business for per hundred yuan stood at 85.18 yuan, with the margin hit 5.46 percent; that of foreign funded enterprises, and enterprises funded from Hong Kong, Macao and Taiwan achieved 12,312.7 billion yuan, increased 5.5 percent, the costs of revenue from principal business for per hundred yuan stood at 86.59 yuan, with the margin hit 4.95 percent; and that of private enterprises gained 15,030.5 billion yuan, increased 17.4 percent, the costs of revenue from principal business for per hundred yuan stood at 86.47 yuan, with the margin hit 5.45 percent.

By the end of July, the total volume of receivable accounts for industrial enterprises hit 7,831.9 billion yuan, went up 15.4 percent, year-on-year. The total value of finished products for industrial enterprises accounted for 2,937.0 billion yuan, went up 12.5 percent, year-on-year.