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Profit of Industries above Designated Size up 17.1 Pct in Jan.-May

source:www.cnanhui.org release date:2017/07/07 hits:155

In the first five months, the profit of industries above designated size totaled 81.5 billion RMB, up 17.1 percent year on year. In May alone, the profit reached 15.87 billion RMB, an increase of 7.2 percent and 3.6 percent higher than that in April.

In Jan.-May, the manufacturing sector generated 74.96 billion RMB of profit, up 20.4 percent, accounting for 92 percent of the total profit realized by industries above designated size in Anhui.

Equipment manufacturing sector realized 30.47 billion RMB of profit, up 19.6 percent and 12.5 percent higher from last year.

In Jan.-May, large-scale enterprises generated 28.57 billion RMB of profit, up 48.0 percent year on year and 42.7 percent higher than that of SMEs.

At the end of May, the number of loss-making industries was 1703, down 7.2 percent year on year.