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[National Bureau of Statistics: Profits of industrial enterprises above designated size increased from decline in April] Securities Times e Company NewsWildTigerTrekYu Weining, a statistician at the Industry Department of the National Bureau of Statistics, interpreted the profit data of industrial enterprises and saidWildTigerTrekIn April, profits of industrial enterprises above designated size across the country fell by 3% year-on-year from MarchWildTigerTrek.5% turned into growth 4WildTigerTrek.0%...
Newsletter text
[National Bureau of Statistics: Profits of industrial enterprises above designated size increased from decline to increase in April] Securities Times e Company News, Yu Weining, a statistician of the Industry Department of the National Bureau of Statistics, interpreted the profit data of industrial enterprises above designated size, and said that in April, the profits of industrial enterprises above designated size nationwide changed from March to March. The year-on-year decline of 3.5% turned into an increase of 4.0%, and the growth rate rebounded by 7.5 percentage points. The company's profits for the month improved significantly. From January to April, the profits of industrial enterprises above designated size increased by 4.3% year-on-year, and the growth rate was the same as in January to March, and continued to maintain steady growth. From January to April, the operating income of industrial enterprises above designated size increased by 2.6% year-on-year, and the growth rate was 0.3 percentage points faster than that in January to March. Looking at the current month, the operating income of industrial enterprises above designated size in April turned from a year-on-year decline of 1.2% in March to an increase of 3.3%. The growth rate rebounded by 4.5 percentage points, a large rebound, which effectively drove the improvement of corporate profits. Overall, the profits of industrial enterprises above designated size recovered steadily from January to April. However, it should also be noted that domestic effective demand is still insufficient, the external environment is still complex and severe, and the foundation for the recovery of the benefits of industrial enterprises still needs to be consolidated.