The Profit Growth of Industrial Enterprises above Designated Size in Fujian Province has Accelerated

From:Fujian International Investment Promotion Center Date:2022-01-17【Font:large regular

The reporter learned from Fujian Provincial Bureau of Statistics that from January to November last year, the total profits of industrial enterprises above designated size in the province reached 383.383 billion yuan, an increase of 23.0% year-on-year, and the growth rate was 3.2 percentage points higher than that from January to October. From January to November, the province registered an operating income of 5,852.008 billion yuan, up 14.0% year-on-year, and the growth rate was 2.0 percentage points higher than that from January to October. 

The data showed that over 50% of industries achieved double-digit profit growth. In the first 11 months of last year, among the 38 major industrial industries in the province, 28 industries recorded year-on-year growth in profits, and 21 industries registered double-digit growth, an increase of 3 compared with January-October, among which oil, coal and other fuel processing industries increased by 10.7 times, ferrous metal mining and dressing industry increased by 1.6 times, pharmaceutical manufacturing industry increased by 1.5 times, and coal mining and washing industry increased by 1.2 times. 

The output efficiency of industrial enterprises above designated size in Fujian Province has also improved significantly. From January to November, the operating income per 100 yuan of assets was 150.42 yuan, an increase of 9 yuan year-on-year; the per capita operating income was 1,706,200 yuan, an increase of 249,700 yuan year-on-year. In addition, enterprises have gained stronger profitability. From January to November, the profit rate of revenue was 6.55%, an increase of 0.48 percentage points year-on-year and an increase of 0.09 percentage points over January-October; the cost per 100 yuan of operating income stood at 86.6 yuan, down 0.27 yuan year-on-year and down 0.13 yuan from January to October. 

Moreover, the benefit structure is being constantly optimized. For example, the profits of technology-intensive industries increased rapidly. From January to November, the profit of high-tech manufacturing industry came in at 79.222 billion yuan, a year-on-year increase of 66%, driving the province's profit growth by 10.1 percentage points; the profit of equipment manufacturing industry was 100.092 billion yuan, up 30.8% year-on-year and 3.7 percentage points higher than that from January to October. Also, the profit of downstream consumer goods manufacturing industry has been on the rise. From January to November, the profit of consumer goods manufacturing industry reached 156.812 billion yuan, up 19% year-on-year and 5.2 percentage points higher than that from January to October, among which food manufacturing industry increased by 11.6 percentage points, agricultural and sideline food processing industry increased by 11.3 percentage points and textile industry increased by 9.0 percentage points.


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