In The First Half Of The Year, The Profits Of Textile Enterprises Above Designated Size Decreased By 5.6%

According to the National Bureau of statistics, from January to June this year, the total profits of Industrial Enterprises above Designated Size nationwide reached 251.49 billion yuan, a year-on-year decrease of 12.8%, 6.5 percentage points lower than that of January may.

From January to June, among the industrial enterprises above Designated Size, state-owned holding enterprises achieved a total profit of 661.41 billion yuan, a year-on-year decrease of 28.5%; joint-stock enterprises realized a total profit of 1824.71 billion yuan, a decrease of 13.7%; foreign-funded and Hong Kong, Macao and Taiwan invested enterprises achieved a total profit of 648.64 billion yuan, a decrease of 8.8%; and that of private enterprises was 711.98 billion yuan, a decrease of 8.4%. From January to June, the total profit of the manufacturing industry reached 2122.3 billion yuan, down 9.8%. From January to June, the total profits of 9 industries increased year on year, 1 industry remained unchanged and 31 industries decreased. The manufacturing of chemical raw materials and chemical products decreased by 32.2%, and the textile industry by 5.6%.

From January to June, the operating revenue of Industrial Enterprises above Designated Size reached 46.31 trillion yuan, a year-on-year decrease of 5.2%; the operating costs incurred were 39.16 trillion yuan, a decrease of 4.7%; the profit margin of operating income was 5.42%, a year-on-year decrease of 0.48 percentage points. At the end of June, the total assets of Industrial Enterprises above Designated Size reached 120.14 trillion yuan, an increase of 6.5% over the same period of last year; liabilities totaled 68.41 trillion yuan, an increase of 6.4%; owner's equity totaled 51.73 trillion yuan, an increase of 6.5%; the asset liability ratio was 56.9%, a year-on-year decrease of 0.1 percentage points.