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The growth rate of industrial profits in the first quarter fell 21.1% from January to February

by:Ennas      2021-11-17

According to the website of the National Bureau of Statistics, in the first quarter, the industry in 24 regions across the country achieved a profit of 690.8 billion yuan, a year-on-year increase of 102.6%, and the growth rate was 21.1 percentage points lower than that in the first two months.   It is reported that among 39 major industrial sectors, 38 industries have increased their profits year-on-year. The profit growth rate of 24 industries fell from January to February, the profit growth rate of 14 industries increased, and the profit decline rate of 1 industry decreased. Among them, the profit of the steel industry increased by 33.8 times year-on-year, the profit of the power industry increased by 15.4 times, the profit of non-ferrous metal smelting and rolling processing industry increased by 9.7 times, the profit of chemical fiber industry increased by 8.9 times, the profit of petroleum extraction industry increased by 2.9 times, and the profit of electronic industry increased by 2.3 times. , The profit of the transportation equipment manufacturing industry increased by 2.1 times, and the profit of the chemical industry increased by 1.1 times. The profit of the tobacco industry fell by 10.6% year-on-year.  Industry in 24 regions realized revenue from main operations of 1,15795 billion yuan, a year-on-year increase of 39.6%, and the growth rate was 1.5 percentage points lower than that in the first two months.   At the end of March, the industrial accounts receivable in 24 regions was 4,045.3 billion yuan, a year-on-year increase of 26.1%, and the growth rate was 0.5% lower than that in the first two months. Funds for finished products were 1681.6 billion yuan, a year-on-year increase of 7.1%, and the growth rate was 1.5 percentage points faster than that in the first two months. Source: China News Network
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