Industrial Enterprises Reap 55.4 Billion Yuan in ProfitsSources from the National Bureau of Statistics (NBS) show that China's industrial enterprises registered 55.41 billion yuan worth of profits in the first quarter, up by 2.6 times over the same period last year. State-Owned and state-holding enterprises recorded a profit of 27.28 billion yuan, a 7.6-fold increase over the same period last year. The deficit of losing enterprises was 44.33 billion yuan, down by 2.9 percent.Mounting economic benefits of industrial enterprises. The comprehensive index of the economic benefits of industrial enterprises in the first quarter reaches 99.2, up 13.9 over last year's corresponding period. The sales income was 1658.49 billion yuan, up 19.6 percent. By the end of March, the capital of products and finished products hit 636.48 billion yuan, up 2.5 percent. The products of State-owned State-holding enterprises dived 0.9 percent from the same period last year. The total amount of tax of industrial enterprises in the first quarter maintained a rapid growth, reaching an accumulative total of 108.45 billion yuan, up 14.3 percent over the same period last year. State-owned and State-holding enterprises paid taxes valued at 79.64 billion yuan, up 13.4 percent. |
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