Close to 30% Central negative growth in profit or loss in the first half _ news

Washington (reporter Yang Ye Zhao Jing) Treasury 17th data shows that within the scope of statistics in the first half of the national main indicators on economic benefit of State-owned and State-holding enterprises rose, but nearly one-third centrally administered enterprises and nearly half of the total profits of local State-owned enterprises of the province of growth or loss.
"This year we feel genuine operational difficulties of enterprises. "A central Chief told the economic information daily said, despite some economic stabilization, but downward pressure remains high, recent two-thirds have excess production capacity of Central at any time are faced with the risk of market and business conditions. In addition, high debts, inventory and other issues should not be overlooked, coupled with the burden of State-owned enterprises which is heavier, central enterprise operation quality is not optimistic at this stage.
Figures show that in January-June, the Central enterprises to accumulated profit totaled 894.21 billion yuan, an increase of 9.9%. Local State-owned enterprises 326.9 billion yuan, an increase of 6.2%. But at the same time situation remains worrying in some industries. Finance Ministry said State-owned coal industry, chemical industry, textile and other industries to achieve profit fell significantly, iron and steel, nonferrous metals industry is still in the red, but in trimming the profits of these enterprises account for a large proportion.
The coal industry as an example, a quarterly financial data listed coal companies just jerking. W IN d statistics showed, according to shenyin wanguo industrial classification at the end of the first quarter of 2014, 41 total revenue listed coal companies 185.86 billion yuan, down 13%; realization of 13.784 billion yuan in net profit attributable to shareholders of the parent company, slumped by 31% per cent. 41 listed companies, there are 36 operating income fell, 87.8%; net profit fell 35, accounts for as much as 85.4%; otherwise, including for State xinji 10 listed companies lost money in the first quarter. A case study of shenhuo shares, first quarter of 2013, the company achieved net income of 89.6515 million Yuan, while first quarter by the year 2014, the company had a loss of 183 million Yuan.
Meanwhile, as of now, the two cities had 19, including jizhong energy coal company announced the forecast in 2014, the result is even more appalling: 19 listed companies, Yanzhou coal mining is expected losses only, yongtai, Sichuan shengda expects net profit growth of energy, while the remaining 16 listed companies with varying degrees of loss net profit. Among them, 5 including Shanxi Xishan coal and electricity company expects net profit to fall more than 50%.
Five months before the steel industry point of view, into the steel Association statistics 88 key large and medium sized steel mills there are 26 home loss, loss of 8.931 billion yuan, most iconic steel-producing 5 million tons of steel, was 3.327 billion yuan from 1 May statistics on enterprises profit, return on sales was only 0.31%.

13:11 on July 19, 2014 Economic information daily