In The First Five Months, The Total Profit Of China'S Textile Industry Above Designated Size Increased By 4.7% Year On Year
According to the National Bureau of statistics, from January to May this year, the total profits of Industrial Enterprises above Designated Size nationwide reached 3424.74 billion yuan, an increase of 83.4% (based on comparable caliber), 48.0% higher than that from January to may 2019, and an average increase of 21.7% in two years.
From January to may, China's manufacturing industry realized a total profit of 290.06 billion yuan, up 85.2% year-on-year. From January to may, the total profits of 39 industries increased year-on-year, one industry turned losses into profits and one industry realized loss reduction.
From January to may, the total profit of textile industry was 35.5 billion yuan, up 4.7% year on year; The total profit of the textile, clothing and clothing industry reached 23.46 billion yuan, an increase of 27.9%; The total profit of leather, fur, feather and its products and footwear industry was 19.66 billion yuan, with a year-on-year increase of 18.1%; The total profit of chemical fiber manufacturing industry reached 27.59 billion yuan, up 743.7% year on year.
From January to may, China's Industrial Enterprises above Designated Size realized 48.15 trillion yuan of operating income, an increase of 30.5% year-on-year; The operating costs incurred were 40.20 trillion yuan, up 28.6% year on year; The profit margin of operating revenue was 7.11%, with a year-on-year increase of 2.05 percentage points.
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