In The First Half Of The Year, The Profit Of The Chemical Raw Material And Product Manufacturing Industry Increased By 1.77 Times

Jul 29, 2021

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According to data released by the National Bureau of Statistics on July 27, industrial production demand recovered steadily in the first half of the year, business operations continued to improve, and corporate profits grew steadily and rapidly.

In the first half of the year, the national industrial enterprises above designated size achieved a total profit of 4,218.33 billion yuan, an increase of 66.9% year-on-year, and an increase of 45.5% year-on-year; an average increase of 20.6% over the two years, maintaining rapid growth. Among them, the profit of chemical raw materials and chemical products manufacturing industry increased by 1.77 times.

Profits in various industries have generally grown rapidly, and 70% of the industry profits have exceeded the level before the epidemic. In the first half of the year, among 41 major industrial sectors, 40 industries saw profit growth (or turned losses into profits) year-on-year, and one industry remained flat year-on-year. Among them, 36 industries achieved double-digit profit growth and above, accounting for 87.8%; 7 industries had a growth rate of more than 100%. Compared with the same period in 2019, 29 industries achieved profit growth, accounting for 70.7%.

The profit of the main industries in the first half of the year is as follows: the total profit of the non-ferrous metal smelting and rolling processing industry increased by 2.73 times year-on-year, the oil and gas extraction industry increased by 2.49 times, the ferrous metal smelting and rolling processing industry increased by 2.34 times, and the chemical raw material and chemical product manufacturing industry increased by 2.34 times. 1.77 times, coal mining and washing industry increased by 1.14 times, automobile manufacturing industry increased by 45.2%, computer, communications and other electronic equipment manufacturing industry increased by 45.2%, electrical machinery and equipment manufacturing industry increased by 36.1%, general equipment manufacturing industry increased by 34.5% , The special equipment manufacturing industry increased by 31.0%, the non-metallic mineral products industry increased by 26.7%, the power and heat production and supply industry increased by 9.5%, the agricultural and sideline food processing industry increased by 5.4%, the textile industry increased by 2.3%, and the oil, coal and other fuels The processing industry turned from a loss in the same period to a profit.

Data show that from January to June, industrial enterprises above designated size achieved operating income of 59.29 trillion yuan, a year-on-year increase of 27.9%; incurred operating costs of 49.54 trillion yuan, an increase of 26.4%; operating income margin was 7.11%, a year-on-year increase of 1.66 percentage points.