Company Dynamics

The first 5 months of rubber industry income growth profits decline

Release time:

2017-10-17 16:36

China Rubber Industry Association, the Secretary-General Xu Wenying recently at the meeting of the Secretary-General of the Rubber Association, according to the Association of tires, tires, hose tape, rubber products, rubber shoes, latex, carbon black, comprehensive utilization of waste rubber, rubber machinery mold, 1, 5 months rubber industry to complete the current industrial output value, sales revenue were double-digit growth, but the profits are substantially reduced.
1 to 5 months, key member companies to complete the current industrial output value of 134.472 billion yuan, up 14.44% year on year (the same); sales income of 126.87 billion yuan, an increase of 15.10%. To achieve export delivery value of 40.55 billion yuan, an increase of 18.37%; export rate (value) was 29.84%, an increase of 0.99 percentage points. Profits and profits of 6.890 billion yuan, down 16.63%; profits of 4.392 billion yuan, down 7.83%; sales profit margin of 4.15%, down 1.07 percentage points. There are 63 loss-making enterprises, with the previous year flat; loss-making enterprises loss of 1.045 billion yuan, an increase of 60.04%; finished goods inventory 27.811 billion yuan, up 17.87%.
Xu Wenying analysis, the first half of 2017 China's macroeconomic operation continued in the second half of 2016 since the stabilization of the situation, a number of macroeconomic indicators tend to improve the nominal GDP growth for five consecutive quarters of recovery in the first half of gross domestic product For the 1808.33 billion yuan, the real GDP growth rate of 6.9% over the same period last year and increased by 0.2 percentage points over the same period, the micro-foundation of China's economic operation to further enhance the economic structure of continuous optimization, the economy to achieve a good start. However, from the real estate, business and family debt, consumption, investment, foreign trade and other aspects of the data and capital market atmosphere, the Chinese economy there are still some risk points can not be ignored, short-term bottoming out of the foundation is not strong enough, The possibility of continued economic downturn is still there, the Chinese economy shows a wider range and more level of differentiation characteristics.

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