Total profit of coal industry in the first 11 months decreased by 1.7%

According to the data released by the National Bureau of statistics, in the first 11 months of this year, the operating revenue of Industrial Enterprises above the scale of coal mining and washing industry was 2247.77 billion yuan, up 4.0% year on year, the operating cost was 162.17 billion yuan, up 6.6% year on year, and the total profit was 266.27 billion yuan, down 1.7% year on year. According to statistics, from January to November, the total profits of Industrial Enterprises above Designated Size nationwide reached 5610.07 billion yuan, a year-on-year decrease of 2.1% (calculated on a comparable basis), 0.8 percentage point lower than that from January to October.

In November, industrial enterprises above Designated Size achieved a total profit of 593.91 billion yuan, an increase of 5.4% year on year, and a decrease of 9.9% year on year in October. From January to November, the operating revenue of Industrial Enterprises above Designated Size reached 95.00 trillion yuan, a year-on-year increase of 4.4%; the operating cost was 79.99 trillion yuan, a year-on-year increase of 4.6%; the profit margin of operating revenue was 5.91%, a year-on-year decrease of 0.39 percentage points. By the end of November, the total assets of Industrial Enterprises above designated size were 118.89 trillion yuan, up 6.0% year-on-year; the total liabilities were 67.61 trillion yuan, up 5.3%; the total owner's equity was 51.28 trillion yuan, up 6.9%; the asset liability ratio was 56.9%, down 0.3% year-on-year. From January to November, the total profits of 28 industries increased year-on-year, while 13 industries decreased. Among them, the total profits of power, thermal production and supply industries increased by 20.6% year on year, while the oil, coal and other fuel processing industries decreased by 47.2%.