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Home > News > Valuable News > In the first 11 months, the net profit of central enterprises increased by 9%

In the first 11 months, the net profit of central enterprises increased by 9%

ECHEMI 2020-01-14

The reporter learned from the meeting of heads of central enterprises held recently that since this year, the economic operation of central enterprises has maintained steady progress. In the first 11 months, the central enterprises achieved a year-on-year growth of 9% in net profit, 5% in operating revenue and 9.4% in total investment, providing strong support for the steady growth of the national economy. Significant progress has been made in scientific and technological innovation. In this year's national science and technology awards, more than 40% of the awards were awarded by central enterprises. From January to November, the R & D investment of central enterprises increased by 24.6% year-on-year, among which the enterprises in petroleum, petrochemical, steel, automobile and other industries increased by more than 30% year-on-year. Supply side structural reform continued to deepen. The reduction work was completed ahead of schedule, with a cumulative reduction of more than 14000 legal persons; the overall progress of "dealing with difficulties" reached 96%; the tasks of steel and coal capacity reduction were completed in an all-round way. More than 98% of the "three supplies and one industry", education, medical institutions and municipal communities have been handed over separately, and the reform of factory run collectives has achieved its annual goal. Social responsibility shows responsibility. The central enterprises have completed the task of transferring state-owned equity to social security fund and transferred 1.1 trillion yuan of state-owned capital. Telecommunication enterprises reduce fees and make profits of 400 billion yuan, and electric power enterprises implement national policies to reduce the cost of electricity consumption of the whole society by nearly 100 billion yuan.

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