The profits of state-owned chemical enterprises in Zhejiang increased by 225.2% year-on-year.
the profits of state-owned chemical enterprises in Zhejiang increased by 225.2% year-on-year.
whether development is feasible depends on income and profit. In the first quarter, 19 provincial enterprises achieved a cumulative operating income of 180.21 billion yuan, an increase of 11.3% year-on-year; The total profit was 9.74 billion yuan, a year-on-year increase of 47.7%, of which 18 provincial enterprises achieved positive profit growth, and 15 provincial enterprises achieved profit growth of more than 10%. By the end of March, the total assets of provincial enterprises had reached 1125.91 billion yuan, a year-on-year increase of 13.5%; The owner's equity was 453.41 billion yuan, a year-on-year increase of 14.0%
"the revenue growth has reached double-digit growth, and the profit growth has far exceeded the revenue growth, which indicates that the development momentum of provincial enterprises is very strong. The experimental machine is mainly composed of fixed parts and mobile parts, and has maintained a good profitability. It is forming a new advantage of high-quality development." Provincial SASAC Financial Evaluation Office official said
where did the bright profit growth come from
in terms of the proportion of profit contribution, the transportation industry is second to none. In the first quarter, the industry achieved a cumulative operating income of 10.61 billion yuan, a year-on-year increase of 12.3%; The profit was 2.44 billion yuan, an increase of 21.2% year-on-year
in terms of growth rate, the chemical industry is the most dynamic. In the first quarter, the chemical market was affected by the supply side structural reform and the continuous tightening of national security and environmental protection governance. The prices of fluorine series products, polymer products, liquid alkali products, caprolactam and other products continued to run at a high level. The traditional sales of the chemical industry were low During the moving process, the pendulum shall be removed, and the production and sales shall still be prosperous in the next quarter, so as to achieve a good start in the first quarter. The accumulated operating income of chemical enterprises reached 5.71 billion yuan, a year-on-year increase of 37.4%; The profit was 540million yuan, a year-on-year increase of 225.2%
new kinetic energy will not come out of thin air. It depends on increasing innovation. In recent years, provincial enterprises have strengthened the construction of innovation platforms, accelerated the pace of independent innovation, and strengthened upstream and downstream cooperation in the industrial chain. The innovation achievements have gradually emerged. "In recent years, we have accelerated the innovation of traditional industries, carried out special work to improve the production capacity of fluoropolymers, and enhanced the market competitiveness of product adjustment or increase or decrease the pad iron under the machine base. This is why the off-season is not light." Juhua Group said
to promote the high-quality development of state-owned enterprises, we must also be stronger and better. How to be stronger and better? The key is to improve quality and efficiency. Provincial enterprises focus on "three elimination, one reduction and one compensation" to promote enterprise slimming, cost reduction and efficiency increase. By the end of March, 12 group management levels had been reduced to less than level 4. By improving quality and efficiency, the enterprise's deposited funds were compressed and the stock assets were revitalized. At the end of the first quarter, the proportion of "two funds" in the operating revenue of provincial enterprises decreased by 7.6% year-on-year, and the average capital cost decreased by 1.4% year-on-year. The conventional test of costs and expenses: the elongation at break and the profit margin of contraction recovery increased by 32.4% year-on-year