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In First Two Months, the profits of state-owned enterprises increased by 16.8% year-on-year

Date: 2022-03-28
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According to the data released by the Ministry of Finance on 25th, from January to February this year, the main benefit indicators of state-owned and state-holding enterprises (hereinafter referred to as state-owned enterprises) in China kept increasing, and the economic operation of state-owned enterprises was stable in a reasonable range.

From January to February, the total operating income of state-owned enterprises was 11,620.84 billion yuan, a year-on-year increase of 14.0%. Among them, the central enterprises were 6,966.78 billion yuan, a year-on-year increase of 16.0%; Local state-owned enterprises reached 4,654.06 billion yuan, up 11.0% year-on-year. From January to February, the total profit of state-owned enterprises was 611.86 billion yuan, a year-on-year increase of 16.8%. Among them, the central enterprises were 485.25 billion yuan, a year-on-year increase of 20.9%; Local state-owned enterprises reached 126.61 billion yuan, a year-on-year increase of 3.3%.

From January to February, state-owned enterprises should pay taxes and fees of 1,052.92 billion yuan, up 13.0% year-on-year, of which 787.27 billion yuan from central enterprises, up 12.5% year-on-year, and 265.65 billion yuan from local state-owned enterprises, up 14.4% year-on-year.

At the end of February, the asset-liability ratio of state-owned enterprises was 64.0%, which was the same as that of the same period last year, while that of central enterprises was 66.4%, which was the same as that of the same period last year, and that of local state-owned enterprises was 62.7%, an increase of 0.1 percentage points.


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