Industrial Profits Increased from January to March
By CnAgri
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From January to March, the industrial profits of enterprises above designated size achieved 1,174.0 billion yuan, an increase of 12.1 percent over the same period last year, and down by 5.1 percentage points over the first two months. In March, the industrial profits of enterprises above designated size achieved 464.9 billion yuan, an increase of 5.3 percent over the same period last year.
From January to March, the profits of state-owned and state-holding industrial enterprises above designated size gained 341.2 billion yuan, an increase of 7.6 percent over the same period last year; that of collective-owned enterprises reached 17.8 billion yuan, increased 7.5 percent; that of joint-stock enterprises stood at 684.3 billion yuan, increased 12.9 percent; that of foreign funded enterprises, and enterprises funded from Hong Kong, Macao and Taiwan achieved 268.8 billion yuan, increased 7.1 percent; and that of private enterprises gained 375.7 billion yuan, increased 17.8 percent.
Within 41 branches of industrial divisions, the profits of 29 industrial divisions increased over the same period last year, that of 9 declined, 2 industries turned to get net profits from loss, and the loss of 1 industry declined over the same period last year. Of which, the profits of agro-food processing industry rose by 9.9 percent, that of raw chemical materials and chemical products went up by 7.2 percent, that of ferrous metal mining and processing increased 3.3 times, that of manufacturing of general equipment increased 8.5 percent, that of the manufacture of automobile industry increased 10.6 percent, that of manufacturing of electrical machinery and equipment increased 7.0 percent, that of communication equipment, computers and other electric equipment production went up by 36.8 percent, that of production and supply of electric power and heat power increased 90.5 percent, that of petroleum and natural gas extraction industry decreased 4.5 percent, that of processing of petroleum, coking, processing of nuclear fuel turned to get net profits from loss, over the same period last year.
The revenue from principal business of enterprises above designated reached 22,236.4 billion yuan, increased 11.9 percent over the same period last year. The cost of main business revenue for per hundred yuan stood at 85.01 yuan, with the margin hit 5.28 percent.
The revenue from principal business of state-owned and state-holding industrial enterprises grew to 5,877.0 billion yuan, increased 4.9 percent over the same period last year, the costs of revenue from principal business for per hundred yuan stood at 81.83 yuan, with the margin hit 5.81 percent, that of collective-owned enterprises reached 272.0 billion yuan, increased 10.4 percent, the costs of revenue from principal business for per hundred yuan stood at 84.92 yuan, with the margin hit 6.53 percent, that of joint-stock enterprises reached 12,955.5 billion yuan, increased 14.0 percent, the costs of revenue from principal business for per hundred yuan stood at 84.75 yuan, with the margin hit 5.28 percent, that of foreign funded enterprises, and enterprises funded from Hong Kong, Macao and Taiwan achieved 5,406.7 billion yuan, increased 8.0 percent, the costs of revenue from principal business for per hundred yuan stood at 86.3 yuan, with the margin hit 4.97 percent, and that of private enterprises gained 7,002.1 billion yuan, increased 18.4 percent, the costs of revenue from principal business for per hundred yuan stood at 86.11 yuan, with the margin hit 5.37 percent.
