Industrial profits increased by 32% in the first quarter

Industrial profits in the first quarter increased by %. The National Bureau of Statistics announced yesterday that in January, domestic industrial enterprises above designated size realized profits of 100 million yuan, a year-on-year increase of %. In the first quarter, among industrial enterprises above designated size, state-owned and state-holding enterprises realized profits of 100 million yuan, a year-on-year increase of .%; collective enterprises realized profits of 100 million yuan, a year-on-year increase of .%; joint-stock enterprises realized profits of 100 million yuan, a year-on-year increase of %; Hong Kong, Macao and Taiwan-invested enterprises realized profits of 100 million yuan, a year-on-year increase of .%; private enterprises realized profits of 100 million yuan, an increase of. In a large industrial category, the profit of each industry has increased year-on-year, the industry has declined year-on-year, and the loss of each industry has decreased. Among them, the profit of the oil and natural gas extraction industry increased by .% year-on-year, the ferrous metal mining and dressing industry increased by .%, the ferrous metal smelting and rolling processing industry increased by .%, and the petroleum processing, coking and nuclear fuel processing industries decreased by %. Analysts pointed out that the growth rate of industrial profits above designated size in the first quarter was relatively stable, all above %. As far as the industry is concerned, the profitability of the oil processing industry is once again squeezed by the impact of rising raw material prices. The profit of the oil extraction industry is on the rise, and the profit growth of downstream industries is facing the test of falling.