National Actual Industrial Profits in the First Eleven Months Rose 20.1%.

In the first eleven months of this year, the national actual profits created by the industrial enterprises above designated size(referring to all the state-owned, and non state-owned ones with the annual sales revenue of over five million yuan, it’s the same with the following) reached 1246.4 billion yuan, a year-on-year rise of 20.1%. The composite index of industrial economic benefit was 173.61, up by 10.7 points than that of the same period of last year.

Among the industrial enterprises above designated size, the actual profits of the state-owned and state share-holding enterprises totaled 579.1 billion yuan, a year-on-year rise of 14.8%; that of collective-owned enterprises was 46.9 billion yuan, up 31.5%; that of share system enterprises was 647.2 billion yuan, up 26.4%; that of foreign and Hongkong, Macao and Taiwan investment enterprises totaled 346.6 billion yuan, up 5.3%; that of private enterprises was 159.8 billion yuan, up 42.4%.

Among the 39 major industries, the profits of coal mining, petroleum extraction, ferrous metals mining, non-ferrous metals mining and non-metal mining showed the rises of 74.3%, 69.2%, 37.5%, 109.5% and 86.7% respectively; the profits of steel industry rose 3.9%; that of chemical industry rose 8.6%; that of electric power rose 13.2%;that of transport equipment manufacturing dropped 20.2%; that of chemical fiber went down 29.3%; that of construction declined 4.2%; that of electronic communication went down 2.3%; the net losses of petroleum processing and coking reached 23.8 billion yuan. The top five industries ranked by the increased profits were petroleum extraction, coal, ordinary machinery, agricultural and sideline foods processing and textile.

The losses of industrial enterprises above designated size was 184.4 billion yuan, a year-on-year rise of 58.5%, especially, the losses of the state-owned and state share-holding loss-making enterprises reached 100.9 billion yuan, up 95.3%.

The taxes turned in by the industrial enterprises above designated size totaled 964.6 billion yuan, a year-on-year rise of 19.6%, of which, that of the state-owned and state share-holding enterprises was 566.6 billion yuan, up 15.3%.

The actual sales revenue of the industrial enterprises above designated size was 21700 billion yuan, a year-on-year rise of 27%, of which, that of the state-owned and state share-holding enterprises totaled 7694.3 billion yuan, up 20.9%.

At the end of this November, the funds for finished goods of the industrial enterprises above designated size was 1260.6 billion yuan, a year-on-year rise of 17.8%. Especially, that of the state-owned and state share-holding enterprises reached 380.1 billion yuan, up 8.5%. The net receivables of industrial enterprises above designated size totaled 2724.4 billion yuan, a year-on-year rise of 16.3%, of which, that of the state-owned and state share-holding enterprises reached 789.3 billion yuan, up 4.6%.