Profits in the chemicals and products manufacturing sector rose 10.5 percent in The january-November period
Release Date: 2020-12-28   |   Concen: 230

From January to November, the profits of industrial enterprises above the national scale totaled 57445.0 billion yuan, up 2.4 percent year-on-year, according to data released by the National Bureau of Statistics on Dec. 27. Among them, the total profit of the manufacturing industry of chemical raw materials and chemical products was 366.54 billion yuan, up 10.5 percent.

Data show that from January to November, among the industrial enterprises above the scale, state-owned holding enterprises realized total profits of 1445.69 billion yuan, down 4.9% year-on-year. The total profits of joint-stock enterprises reached 4058.01 billion yuan, up 2.3%. Enterprises with foreign investment and those from Hong Kong, Macao and Taiwan achieved a total profit of 1610.52 billion yuan, up 4.3%. The profits of private enterprises totaled 1733.22 billion yuan, up 1.8%.

From January to November, the mining industry realized a total profit of 344.05 billion yuan, down 32.8% year on year. The manufacturing industry realized a total profit of 4899.52 billion yuan, up 6.1%; The production and supply of electricity, heat, gas and water generated a total profit of 50.93 billion yuan, up 4.8%.

Among the 41 industrial categories, the total profits of 25 industries increased year on year, while those of 15 industries decreased and one industry remained unchanged. The profits of major industries in the first 11 months are as follows: Special equipment manufacturing industry profit rose 23.0% year-on-year, computer, communications, and other electronic equipment manufacturing growth 15.7%, general equipment manufacturing growth 12.5%, chemical raw materials and chemical products manufacturing growth 10.5%, non-ferrous metal smelting and rolling processing industry growth of 10.1%, 8.9% growth in agricultural food processing industry, textile industry increased by 7.5%, car manufacturing growth 7.2%, electrical machinery and equipment manufacturing growth 6.6%, electricity, heat production and supply industry grows 3.8%, non-metallic mineral products increased by 1.4%; Petroleum and natural gas extraction declined by 70.8%, processing of petroleum, coal and other fuels by 44.0%, mining and washing of coal by 24.5%, and smelting and rolling of ferrous metals by 9.9%.

Data show that from January to November, the operating income of industrial enterprises above designated size reached 94.22 trillion yuan, up 0.1% year-on-year. Operating costs reached 79.22 trillion yuan, up 0.1%; Operating income margin was 6.10 per cent, up 0.14 percentage points year on year.

In November, the total profits of industrial enterprises above designated size reached 729.32 billion yuan, up 15.5% year on year and down 12.7 percentage points from October.


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