profits of state-owned chemical companies fell sharply from january to september compared with the same period last year

on october 25, data released by the ministry of finance showed that from january to september, the economic performance of state-owned and state-controlled enterprises nationwide stabilized and improved, and revenue continued to grow year-on-year. the growth rate increased slightly; profits decreased year-on-year, and the decrease rate increased slightly.

the profits of petroleum, tobacco and chemical industries have dropped significantly year-on-year, the non-ferrous industry has continued to suffer losses, and the steel industry has turned losses into profits; industries such as electronics, construction real estate and automobiles have realized profits a large year-on-year increase.

from january to september, the total operating income of state-owned enterprises was 32.70158 billion yuan, a year-on-year increase of 0.8%. among them, central enterprises were 19,787.46 billion yuan, a year-on-year decrease of 0.4%; local state-owned enterprises were 12,914.12 billion yuan, a year-on-year increase of 2.7%.

from january to september, the total operating costs of state-owned enterprises were 31,817.96 billion yuan, a year-on-year increase of 0.8%; the total profits were 1,720.68 billion yuan, a year-on-year decrease of 1.6%; the taxes payable by state-owned enterprises were 27,551.9 billion, a year-on-year decrease of 1.7%.

at the end of september, the total assets of state-owned enterprises were 128,767.79 billion yuan, a year-on-year increase of 9.7%; the total liabilities were 85,344.85 billion yuan, a year-on-year increase of 9.9%; the total owners’ equity was 43,422.94 billion yuan, a year-on-year increase of 9.7%. an increase of 9.3%.

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