Economy
Financial Markets
Commodities
Industries
Energy
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks


 
Financial Market
 Search News  Or
China's industrial profit up 25.4% in 2011

Feb. 6, 2012 (China Knowledge) - The combined profit of these industrial enterprises with at least RMB 20 million revenues surged 25.4% year on year to RMB 5.45 trillion last year, according to statistics released by the National Bureau of Statistics.
 
In December alone, the industrial profit grew 31.5% year on year to RMB 790.7 billion, including RMB 144.6 billion realized by state-owned enterprises.

In 2011, the profits of state-owned enterprises grew 15% year on year to RMB 1.5 trillion, while profits of joint-stock companies jumped 31.2% year on year to RMB 3.17 trillion. Foreign-funded enterprises reaped RMB 1.40 trillion in profits in the period, 10.6% more than that in the same period of last year. Privately-owned companies saw their profits surge 46% year on year to RMB 1.66 trillion.

The combined core business revenue of these industrial enterprises reached RMB 84.33 trillion last year, reflecting a year-on-year growth of 27.2%.

Thirty-seven out of the thirty-nine industrial sectors saw increase in profits during the period, and only two industrial sectors saw year-on-year decline in profit.

The oil and gas industry saw profit rise 44.8% year on year, and the ferrous metal smelting and processing industry saw profit rise 53%. The profit of the chemical fiber industry jumped 1.5% during the period, and that of the chemical raw material and chemical product industry surged 32.1% year on year. There was a year-on-year growth of 51.3% in profit in the nonferrous metal smelting and processing industry, 17.3% increase in the transportation equipment sector and an 8.7% increase in the telecom equipment, computer and electronic industry.

However, the oil processing, coking and nuclear fuel processing industry saw profit decline 92.8% year on year, and the heat and power supplying industry saw an 11% decrease in profit.






Add this     
Copyright © "2015" www.chinaknowledge.com

Send feedback or comments to: news@chinaknowledge.com

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services

 E-Store

 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved