Profits of China's industrial companies of national or above scale increased 4.3% year-on-year - Chinese report

China's National Bureau of Statistics announced on the 27th that the total profits of industrial enterprises with national-scale or larger revenues (enterprises with annual main operating income of 20 million yen or more) in the first five months of the year increased 3.4% compared to the same period last year.
The company announced that its net sales reached 2,754,380 million yen (approximately 60,780 billion yen) in fiscal 2018. Looking at the profit situation by major industry, the non-ferrous metal smelting and rolling processing industries increased by 80.6% year-on-year, while the computer
The data, communications and other electronic equipment manufacturing industry increased by 56.8%, while the electricity and thermal energy production and supply industry increased by 30.5% year-on-year, showing high growth rates.
On the other hand, the non-metallic mineral product manufacturing industry and the coal mining and washing industry both fell sharply, down 52.9% and 31.8%, respectively.
The oil, coal and other fuel processing industries went from profit to loss. During the same period, the operating income of industrial enterprises of national or larger size increased by 2.9% year-on-year to 53.3 trillion yen (approximately 1,169.74 trillion yen).
The price was JPY).