Before July, The National Textile Industry Profits Increased By 0.1% Over The Same Period Last Year.

According to the latest statistics released by the National Bureau of statistics, the total profit of Industrial Enterprises above Designated Size reached 512 billion 670 million yuan in July this year, an increase of 2.6% over the same period last year. In the 1~7 months of this year, the total profit of industrial enterprises in the whole country was 3 trillion and 497 billion 700 million yuan, down 1.7% from the same period last year, a decrease of 0.7 percentage points over that of 1~6.

Statistics show that in 1~7 months, the total profit of 29 industries increased in 41 industries, and 12 industries decreased. Among them, the textile industry operating income grew by 2.4% over the same period, and the total profit increased by 0.1% over the same period last year. The income of textile, clothing and apparel industry increased by 2.2% compared with the same period last year, and the total profit decreased by 3.5% compared with the same period last year. The income of leather, fur, feathers and their products and footwear industry increased by 3.9% compared with the same period last year, and the total profit increased by 5.1% over the same period last year.

In the first July, the business income of industrial enterprises was 59 trillion and 580 billion yuan, an increase of 4.9% over the same period last year, and the operating profit margin was 5.87%, down 0.39 percentage points from the same period last year.