National Bureau Of Statistics: Profits Of Industrial Enterprises Above Designated Size Recovered In August

2023-09-28 10:20:39 Winsun Imp. & Exp. Group Co., Ltd. Viewd 323
Data from the National Bureau of Statistics showed that from January to August, the total profit of industrial enterprises above designated size nationwide was 4,655.82 billion yuan, a year-on-year decrease of 11.7%.

Data from the National Bureau of Statistics showed that from January to August, the total profit of industrial enterprises above designated size nationwide was 4,655.82 billion yuan, a year-on-year decrease of 11.7%. The decline narrowed by 3.8 percentage points from January to July. From January to August, industrial enterprises above designated size and state-controlled enterprises achieved a total profit of 1.58416 billion yuan, down 16.5% YoY. The total profit of joint-stock enterprises dropped 12.1% from last year to 3.40184 billion yuan. Foreign-invested and Hong Kong, Macao, and Taiwan-invested enterprises gained a total profit of 11092.7 billion, a decrease of 11.1% YoY. And that of private enterprises was 1.24872 billion yuan, a decrease of 4.6%. In August, the profits of industrial enterprises above the designated size turned from falling to increasing, with a year-on-year growth of 17.2%.

Source:SMM