China ’s total profit of industrial enterprises above designated size in the first quarter of this year fell 21.4%year -on -year, but in March, the decline in corporate profits narrowed.
According to the data published by the website of the National Statistics Bureau of China on Thursday (April 27), the total profit of industrial enterprises above designated size in the first quarter of this year achieved a total profit of 1516.7 billion yuan (RMB, the same below, about 29.22 billion new new new new newYuan), a year -on -year decrease of 21.4%.
Data show that among industrial enterprises above designated size, state -owned controlling enterprises achieved a total profit of 589.24 billion yuan, a year -on -year decrease of 16.9%; the total profit of joint -stock enterprises achieved a total profit of 129 billion yuan, a decrease of 20.6%;The total profit of commercial investment companies achieved a total profit of 331.81 billion yuan, a decrease of 24.9%; the total profit of private enterprises achieved a total profit of 389.41 billion yuan, a decrease of 23%.
The total profit of the manufacturing industry achieved a total of 10,000 yuan, a decrease of 29.4%; the total profit of power, heat, gas and water production and supply industry achieved a total profit of 135.554 billion yuan, an increase of 33.2%.Among the 41 industrial industries, the total profit of 10 industries has increased year -on -year. One industry is flat, one industry reduces losses, 28 industries have declined, and one industry has changed from profit to losses.
However, Sun Xiao, the Statistical Department of the National Bureau of Statistics of China, interpreted that the decline in corporate profits has narrowed in March this year.Driven by the macroeconomic operation and the restoration of market demand, the operating income of industrial enterprises above designated size in March increased by 0.6%year -on -year, reversing the continuous decline since November last year.
He said that the growth of operating income has promoted the improvement of industrial enterprises' profits. In March, the profit of industrial enterprises decreased by 19.2%year -on -year, and the decrease was 3.7 percentage points narrowed from January to February.Among the 41 industrial industries, the profit growth rate of 22 industries has accelerated or reduced from January to February from January to February, from decrease to 53.7%.
In addition, Sun Xiao said that with the efforts of stabilizing foreign trade policies and measures, the efficiency of foreign -funded enterprises has improved significantly.In March, the operating income of foreign companies, Hong Kong, Macao and Taiwan business -investment enterprises was narrowed by 5.2 percentage points from January to February, and the profit decreased by 7.1%year -on -year, and the decrease was greatly narrowed by 28.6 percentage points from January to February.
But he also said that in general, the profit decline in industrial enterprises is still large, and the loss of losses and losses in enterprises is still high, but the decline in upstream prices year -on -year is conducive to improving the profitability of downstream industry.In the next stage, we should continue to expand market demand, boost market confidence, improve corporate expectations, improve the level of production and sales connection, and promote the increase in profitability of industrial enterprises.
