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The Ministry of Finance released data on the national state-owned and state-holding enterprises (hereinafter referred to as state-owned enterprises) profit data on the 24th, showing that from January to April 2018, the state-owned enterprises' economic performance was in good shape
.
Debt solvency and profitability have both improved over the same period of the previous year.
Profit growth was 8.
7 percentage points higher than revenue, and profit growth was 18.
4%
.
The profits of key chemical industries such as iron and steel, petroleum and petrochemical, and coal have increased significantly
.
In terms of total operating income, from January to April, the total operating income of state-owned enterprises was 17,500.
25 billion yuan, a year-on-year increase of 9.
7%
.
Among them, central enterprises amounted to 10,295.
17 billion yuan, a year-on-year increase of 9.
5%; local state-owned enterprises amounted to 7,205.
08 billion yuan, a year-on-year increase of 10.
1%
.
In terms of total operating costs, from January to April, the total operating costs of state-owned enterprises were 16,831.
52 billion yuan, a year-on-year increase of 9.
2%, of which sales expenses, management expenses and financial expenses increased by 7.
3%, 12.
3% and 11.
8% respectively
.
Central SOEs amounted to 97.
578.
6 billion yuan, a year-on-year increase of 8.
9%, of which sales expenses, administrative expenses and financial expenses increased by 7.
5%, 11.
0%, and 10.
8% respectively; And financial expenses increased by 6.
9%, 13.
8% and 12.
6% respectively year-on-year
.
In terms of realizing profits, from January to April, the total profit of state-owned enterprises was 1005.
49 billion yuan, a year-on-year increase of 18.
4%
.
Among them, central enterprises were 692.
94 billion yuan, a year-on-year increase of 19.
1%; local state-owned enterprises were 312.
55 billion yuan, a year-on-year increase of 16.
9%
.
Judging from the profitability of major industries, from January to April, the profits of the steel, petroleum, petrochemical, coal and other chemical industries increased significantly year-on-year, which were all higher than the revenue growth rate.
Non-ferrous metals and other industries realized a large decline in profits
.
.
Debt solvency and profitability have both improved over the same period of the previous year.
Profit growth was 8.
7 percentage points higher than revenue, and profit growth was 18.
4%
.
The profits of key chemical industries such as iron and steel, petroleum and petrochemical, and coal have increased significantly
.
In terms of total operating income, from January to April, the total operating income of state-owned enterprises was 17,500.
25 billion yuan, a year-on-year increase of 9.
7%
.
Among them, central enterprises amounted to 10,295.
17 billion yuan, a year-on-year increase of 9.
5%; local state-owned enterprises amounted to 7,205.
08 billion yuan, a year-on-year increase of 10.
1%
.
In terms of total operating costs, from January to April, the total operating costs of state-owned enterprises were 16,831.
52 billion yuan, a year-on-year increase of 9.
2%, of which sales expenses, management expenses and financial expenses increased by 7.
3%, 12.
3% and 11.
8% respectively
.
Central SOEs amounted to 97.
578.
6 billion yuan, a year-on-year increase of 8.
9%, of which sales expenses, administrative expenses and financial expenses increased by 7.
5%, 11.
0%, and 10.
8% respectively; And financial expenses increased by 6.
9%, 13.
8% and 12.
6% respectively year-on-year
.
In terms of realizing profits, from January to April, the total profit of state-owned enterprises was 1005.
49 billion yuan, a year-on-year increase of 18.
4%
.
Among them, central enterprises were 692.
94 billion yuan, a year-on-year increase of 19.
1%; local state-owned enterprises were 312.
55 billion yuan, a year-on-year increase of 16.
9%
.
Judging from the profitability of major industries, from January to April, the profits of the steel, petroleum, petrochemical, coal and other chemical industries increased significantly year-on-year, which were all higher than the revenue growth rate.
Non-ferrous metals and other industries realized a large decline in profits
.
