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China: Industrial Profits Expanded from January to July 2011
added: 2011-08-31

From January to July, the industrial profits of enterprises above designated size achieved 2,800.4 billion yuan, a year-on-year increase of 28.3 percent.

The profits of state-owned and state-holding industrial enterprises gained 895.2 billion yuan, expanding 20.4 percent, that of collective-owned enterprises reached 44.4 billion yuan, increased 30.6 percent, that of joint-stock enterprises stood at 1,599.5 billion yuan, rose by 33.9 percent, that of foreign funded enterprises, and enterprises funded from Hong Kong, Macao and Taiwan achieved 729.4 billion yuan, jumping 14.4 percent, and that of private enterprises gained 760.8 billion yuan, increased 46.6 percent, year-on-year.

Within 39 branches of industrial divisions, the profits of 37 industrial divisions increased year-on-year; while that of 2 declined. Of which, the profits of petroleum and natural gas extraction industry increased 37.2 percent, that of ferrous metal mining and processing went up by 58.7 percent, that of raw chemical materials and chemical products rose by 56.6 percent, that of chemical fiber industry increased 41.1 percent, that of ferrous metal smelting and processing industry rose by 17.1 percent, that of non-ferrous metal smelting and processing industry jumping 56.5 percent, that of transportation equipment manufacturing expanding 13.2 percent, that of power and heat production and supply surging 6.9 percent, while that of processing of petroleum, coking, processing of nuclear fuel dropped 77.4 percent, and communication equipment, computers and other electric equipment production went down 1.5 percent.

The main business revenue of enterprises above designated reached 45,854.4 billion yuan, ballooned 29.8 percent, year-on-year., the cost of main business revenue for per hundred yuan stood at 85.00 yuan, with the margin hit 6.11 percent.

The costs of revenue from principal business of state-owned and state-holding industrial enterprises grew to 12,834.5 billion yuan, increased 23.2 percent, the costs of revenue from principal business for per hundred yuan stood at 82.04 yuan, with the margin hit 6.97 percent, that of collective-owned enterprises reached 701.3 billion yuan, increased 29.4 percent, the costs of revenue from principal business for per hundred yuan stood at 85.72 yuan, with the margin hit 6.34 percent, that of joint-stock enterprises reached 25,844.5 billion yuan, increased 33.4 percent, the costs of revenue from principal business for per hundred yuan stood at 84.69 yuan, with the margin hit 6.19 percent, that of foreign funded enterprises, and enterprises funded from Hong Kong, Macao and Taiwan achieved 12,079.6 billion yuan, increased 22.3 percent, the costs of revenue from principal business for per hundred yuan stood at 86.07 yuan, with the margin hit 6.04 percent, and that of private enterprises gained 13,603.0 billion yuan, increased 39.4 percent, the costs of revenue from principal business for per hundred yuan stood at 86.34 yuan, with the margin hit 5.59 percent.

By the end of July, the total volume of net receivable for industrial enterprises hit 6,732.3 billion yuan, went up 21.8 percent, year-on-year. The total value of finished products for industrial enterprises accounted for 2,586.8 billion yuan, went up 22.5 percent, year-on-year.


Source: National Bureau of Statistics of China

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