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China state firms' Jan-April profits fall 63 pct

2020-5-26 17:01

 

BEIJING, May 26 (Xinhua) -- Profits at China's state-owned enterprises (SOEs) fell 63 percent year on year in the first four months of 2020, official data showed.

This came after a decline of 59.7 percent in the first quarter of the year, according to data from the Ministry of Finance.

Total profits at the SOEs stood at 412.01 billion yuan (57.79 billion U.S. dollars) during the January-April period.

SOEs have generated combined revenue of 17.03 trillion yuan during the period, down 9.2 percent from a year earlier, and its operating costs saw a 6.2-percent fall to 16.92 trillion yuan, the ministry said.

SOEs' debt-to-asset ratio edged up to 64.6 percent at the end of April, compared with 64.5 percent at the end of March.

 

新华社北京5月26日电据官方数据显示,2020年前4个月,中国国有企业利润同比下降63%。


根据财政部的数据,今年第一季度,中国经济下降了59.7%。


1 - 4月,国有企业利润总额为4120.1亿元(577.9亿美元)。


财政部表示,国有企业当季总收入为17.03万亿元,同比下降9.2%,运营成本下降6.2个百分点,至16.92万亿元。


国有企业的资产负债率从3月底的64.5%上升到4月底的64.6%。

 

来自: xinhua