In The First Half Of The Year, The Profits Of Textile Enterprises Above Designated Size Decreased By 5.6%

According to the statistics of the State Bureau of industry, the total profits of enterprises decreased by more than 25.51 billion yuan to 25.15 billion yuan in the same month of this year.

From January to June, the total profits of state-owned holding enterprises were 661.41 billion yuan, a year-on-year decrease of 28.5%; the total profits of joint-stock enterprises were 1824.71 billion yuan, down 13.7%; the total profits of foreign-funded enterprises, Hong Kong, Macao and Taiwan enterprises were 648.64 billion yuan, down 8.8%; and the total profits of private enterprises were 711.98 billion yuan, down 8.4%. From January to June, the total profit of the manufacturing industry reached 2122.3 billion yuan, down 9.8%. From January to June, the total profits of 9 industries increased year on year, 1 industry remained unchanged and 31 industries decreased. The manufacturing of chemical raw materials and chemical products decreased by 32.2%, and the textile industry by 5.6%.

From January to June, the operating revenue of Industrial Enterprises above Designated Size reached 46.31 trillion yuan, a year-on-year decrease of 5.2%; the operating costs incurred were 39.16 trillion yuan, a decrease of 4.7%; the profit margin of operating income was 5.42%, a year-on-year decrease of 0.48 percentage points. At the end of June, the total assets of Industrial Enterprises above Designated Size reached 120.14 trillion yuan, an increase of 6.5% over the same period of last year; liabilities totaled 68.41 trillion yuan, an increase of 6.4%; owner's equity totaled 51.73 trillion yuan, an increase of 6.5%; the asset liability ratio was 56.9%, a year-on-year decrease of 0.1 percentage points.