Ministry of Finance: From January to October, the total revenue of the country's state-owned enterprises increased 0.9% year on year, and total profit decreased 1.1% year on year

Zhitongcaijing · 11/26 06:57

The Zhitong Finance App learned that on November 26, data from the Ministry of Finance showed that in January-October, the total revenue of the country's state-owned and state-owned enterprises (hereinafter referred to as state-owned enterprises) increased 0.9% year on year, and total profit decreased 1.1% year on year. 1. Total operating income. From January to October, the total revenue of state-owned enterprises was 67666.0 billion yuan, an increase of 0.9% over the previous year. 2. Total profit. From January to October, the total profit of state-owned enterprises was 3537.19 billion yuan, down 1.1% year on year. 3. Taxes payable. From January to October, taxes payable by state-owned enterprises amounted to 4852.47 billion yuan, a year-on-year decrease of 0.4%. 4. Asset liability ratio. At the end of October, the balance ratio of state-owned enterprises was 64.9%, up 0.1 percentage points.

This article was selected from the “Ministry of Finance Official Website”; Zhitong Finance Editor: Huang Xiaodong.