Product
Supplier
Encyclopedia
Inquiry
Home > News > ECHEMI Focus > In the first seven months, the chemical raw material and product manufacturing industry achieved a profit of 454.49 billion yuan, an increase of 1.62 times

In the first seven months, the chemical raw material and product manufacturing industry achieved a profit of 454.49 billion yuan, an increase of 1.62 times

ECHEMI 2021-08-30

According to data released by the National Bureau of Statistics on August 27, from January to July, the national industrial enterprises above designated size achieved a total profit of 492.395 billion yuan, a year-on-year increase of 57.3%, an increase of 44.6% from January to July 2019, and an average increase of 20.2 in two years. %. Among them, the total profit of the chemical raw materials and chemical products manufacturing industry was 454.49 billion yuan, a year-on-year increase of 1.62 times.

 

In the first seven months, the mining industry achieved a total profit of 481.11 billion yuan, a year-on-year increase of 1.45 times; the manufacturing industry achieved a total profit of 4137.47 billion yuan, an increase of 56.4%; the electricity, heat, gas and water production and supply industries achieved a total profit of 305.37 billion yuan, an increase of 5.4 %.

 

Data show that from January to July, among 41 major industrial sectors, 36 industries have increased their total profits year-on-year, 2 industries have turned losses into profits, 1 industry has remained flat, and 2 industries have declined. The profit of the main industries is as follows: the total profit of the oil and natural gas extraction industry increased by 2.67 times year-on-year, the non-ferrous metal smelting and rolling processing industry increased by 2.00 times, the ferrous metal smelting and rolling processing industry increased by 1.82 times, and the chemical raw material and chemical product manufacturing industry increased by 1.62 times. , The coal mining and washing industry increased by 1.28 times, the computer, communication and other electronic equipment manufacturing industry increased by 43.2%, the electrical machinery and equipment manufacturing industry increased by 30.2%, the general equipment manufacturing industry increased by 25.7%, and the non-metallic mineral products industry increased by 21.0%. , The automobile manufacturing industry increased by 19.7%, the special equipment manufacturing industry increased by 17.7%, the textile industry increased by 4.2%, the agricultural and sideline food processing industry increased by 0.7%, the electricity and heat production and supply industry decreased by 2.8%, and the petroleum, coal and other fuel processing industries Turning from a loss to a profit during the same period.

 

From January to July, industrial enterprises above designated size achieved operating income of 69.48 trillion yuan, a year-on-year increase of 25.6%; incurred operating costs of 58.11 trillion yuan, an increase of 24.4%; operating income margin was 7.09%, a year-on-year increase of 1.43 percentage points.

 

In July, the profits of industrial enterprises above designated size increased by 16.4% year-on-year; the two-year average growth rate was 18%.

 

In July, among 41 major industrial sectors, 25 industries achieved year-on-year profit growth (or turned losses into profits), accounting for 61.0%. Among them, 18 industries achieved double-digit profit growth or above. Compared with the same period in 2019, 31 industries have achieved profit growth, accounting for 75.6%. Among them, 22 industries have achieved a two-year average growth rate of profit faster than in June (or from negative to positive).

 

Under the combined effect of factors such as continued improvement in market demand, overall high commodity prices, rapid growth in corporate sales, and a low base during the same period, the profits of the oil and gas extraction, oil processing, coal, and chemical industries increased by 3.84 times and 2.16 respectively year-on-year in July. Times, 2.11 times, and 1.07 times, all of which accelerated from June.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

Looking for chemical products? Let suppliers reach out to you!

Comment
Comment

Trade Alert

Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)

Scan the QR Code to Share

Feedback & Suggestions
Send Message

Thank you for your feedback. If you require further assistance, please contact us by email at info@echemi.com or call us at +86-532-55729510.