Statistics Bureau: Chemical Industry And Other Major Industries Decline In Profits And Spring Festival Holiday Related Factors
According to the National Bureau of statistics March 27th, financial statistics released by the National Bureau of statistics in March 27th showed that in 2019 1-2, the total profit of Industrial Enterprises above Designated Size dropped by 14% compared with the same period last year.
It is estimated that the total profits of Industrial Enterprises above Designated Size will be slightly lower than that of the same period last year.
Regarding the main reason for the decline in industrial profits, Hong Zhu, a senior statistician of the National Bureau of statistics, said that the decline in profits in some key industries and the Spring Festival holiday were the main reasons for the decline in industrial profits.
First, profits of automobiles, petroleum processing, steel and chemical industries decreased significantly.
In 1-2, the price of manufactured goods in the automotive industry dropped by 0.4% compared to the same period last year, the oil processing industry dropped by 1.3%, the steel industry dropped by 2.5%, and the chemical industry dropped by 2.3%.
Affected by the decline in industrial prices, the auto industry profits decreased by 37 billion 70 million yuan, the petroleum processing industry reduced by 31 billion 730 million yuan, the steel industry reduced by 29 billion 60 million yuan, and the chemical industry reduced by 18 billion 880 million yuan, and the 4 industries altogether pulled down profit growth by 14.2 percentage points.
After calculating the above 4 industries, the industrial profits above designated size increased by 0.2% over the same period last year.
Two is the Spring Festival holiday mobile factors.
Compared with the 1-2 months of last year, the Spring Festival holiday this year has a longer impact on the production and operation of industrial enterprises, and objectively affects the production and operation of enterprises.
In addition, the growth rate of industrial production and sales has slowed down slightly, which has also affected the profit growth of enterprises to a certain extent.
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