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Shandong local state-owned enterprises earn 1.09 trillion yuan

2019/8/8 14:34:05   source:sdchina.com

According to Shandong Provincial Financial Department, 1,224 local state-owned enterprises reported gross revenue of 1.09 trillion yuan in the first six months, an increase of 12.75 percent year on year. The 1,224 enterprises have paid 68.093 billion yuan in taxes, up 2.52 percent year on year.

By industry, the total revenue and taxes paid by secondary-industry enterprises reached 748.362 billion yuan and 48.098 billion yuan respectively, up 12.39 percent and down 0.49 percent. The industries contributing higher to the growth of trading profit are automobile industry, architectural ornament and other related industry, beverages and refined tea, electricity and heat production and supply industry, which contribute 1.87 percentage points, 1.32 percentage points, 0.95 percentage points and 0.76 percentage points to the growth of the manufacturing sector.

The total revenue, total profits and taxes paid of the third industry enterprises reached 338.854 billion yuan, 20.616 billion yuan and 19.993 billion yuan, respectively, with an increase of 13.61 percent, 20.53 percent and 10.56 percent. The industries contributing higher to the growth of trading profits are commercial service industry, wholesale trade, warehousing industry and service industry for capital market, which contribute 11.95, 4.15, 1.45 and 1.09 percentage points respectively.

In terms of ownership, the total revenue, total profits and taxes paid reached 722.690 billion yuan, 36.806 billion yuan and 41.659 billion yuan, up 18.75 percent, 6.16 percent and 5.98 percent respectively.

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Sponsor:Information Office of Shandong Provincial People’s Government