Industrial profits in the first nine months of the year increased by 53.5% year-on-year.

From January to September, the industrial enterprises above designated size in 24 regions[1] achieved a profit of 249.37 billion yuan, a year-on-year increase of 53.5%, and the growth rate dropped by 2.8 percentage points from January to August.

Among the 39 industrial categories, 37 industries saw a year-on-year increase in profits, one industry turned losses, and one industry fell. Compared with January-August, the profit growth of 25 industries decreased year-on-year, and the growth rate of 12 industries increased. The profit growth of major industries was: oil and natural gas mining industry's profit increased by 81.4%, ferrous metal mining and mining industry increased by 1.4 times, chemical raw materials and chemical products manufacturing increased by 55.2%, chemical fiber manufacturing increased by 1.2 times, ferrous metal smelting And rolling processing industry increased by 70.4%, non-ferrous metal smelting and rolling processing industry increased by 1.1 times, transportation equipment manufacturing industry increased by 76.1%, communications equipment, computers and other electronic equipment manufacturing industry increased by 86.1%, power and heat production and supply industry The growth rate was 1.7 times; the petroleum processing, coking and nuclear fuel processing industries fell by 23%.

In the 24 regions, the industrial enterprises above designated size achieved a revenue of 403.239 billion yuan, a year-on-year increase of 32.6%, and the growth rate dropped by 1.1 percentage points from January to August.

At the end of September, the accounts receivable of industrial enterprises above designated size in 24 regions were 470.62 billion yuan, a year-on-year increase of 22.6%. The growth rate was 1.2 percentage points lower than that at the end of August. The funds for finished products were 1,852.6 billion yuan, a year-on-year increase of 7.8%, and the growth rate was 1.1 percentage points lower than that at the end of August.

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