Industrial profits in the first 11 months increased by 11 in ten years.

8% of five industries contribute a lot

Industrial profits in the first 11 months increased by 11 in ten years.

8% of five industries contribute a lot

Our reporter Su Shiyu trainee reporter Liu Weijie On December 27, the National Bureau of Statistics released the profit data of industrial enterprises from January to November 2018, showing that industrial enterprises above designated size have achieved maximum profit of 61,168.

Eight ten percent, an increase of 11 per year.

8%, the growth rate slowed by 1 from January to October.

8 averages.

  Dr. He Ping, Department of Industry, National Bureau of Statistics, pointed out that from the data point of view, supplementary profits are mainly used in oil extraction, steel, building materials and other industries.

From January to November, among the industrial enterprises above designated size, the profit of the petroleum extraction industry increased by 3.

Three times, the steel industry grew by 50.

2%, building materials industry grew 44.
.

2%, the chemical industry grew by 19.

1%, special equipment manufacturing increased 21%.

The combined contribution of the five industries to the profit growth of industrial enterprises above designated size increased by 76.

6%.

  In this interview, Gui Haoming, chief market analyst at the Shenyin & Wanguo Securities Research Institute, said in an interview with the Securities Daily yesterday that through the progressive structural reforms, the profits of large industrial companies have improved, especially in upstream industries, including petroleum., Natural gas, steel, etc., the profits made by the rebound in prices have increased.

  From January to November this year, among the industrial enterprises above designated size, the annual profits of holding companies increased by US $ 1,888.7 billion, a further increase of 16.

1%; non-governmental enterprises maximize profits 15815.

500 million yuan, an increase of 10%.

  Pan Yuzhang, a macro analyst at the Xiangcai Securities Research Institute, said in an interview with the Securities Daily 北京桑拿网 reporter yesterday that due to the impact of supply-side structural reforms, the scale of industrial state-owned enterprises exceeding the scale has performed well.

In addition, the central government has cut taxes and fees for private enterprises. It is expected that private enterprises will perform better in the first quarter of next year.

  He Ping said that the profit for the month fell by 1 in November.

8%.

Looking at the situation in November, mainly due to the decline in the growth rate of industrial production and sales, the decline in the increase in the ex-factory price of industrial products, and the rise in costs, industrial profits fell.

  Pan Yuzhang believes that the current negative industrial profit growth in early November this year was mainly dragged down by weak industrial demand, which was reflected in the rapid decline in PPI and the pressure on industrial sales prices.

In addition, the overall decline in international oil prices downstream and upstream and upstream product prices fell, leading to a decline in profit margins in November.

  Gui Haoming pointed out that the mixed reform of state-owned enterprises will greatly help improve corporate profits, but the effect will not be achieved overnight.