Operating data of paper and paper products industry in 2019

Operating data of paper and paper products industry in 2019

Recently, the National Bureau of statistics released the operation data of Industrial Enterprises above Designated Size in 2019. In 2019, the total profits of Industrial Enterprises above Designated Size nationwide reached 6199.55 billion yuan, down 3.3% over the previous year; the operating revenue reached 105.78 trillion yuan, up 3.8% over the previous year; the operating cost reached 88.94 trillion yuan, up 4.1%; the operating revenue profit margin was 5.86%, down 0.43 percentage points over the previous year.
In 2019, the total profits of 28 industries in 41 industries increased compared with the previous year, and 13 industries decreased. The paper and paper products industry achieved an operating revenue of 1337.01 billion yuan, a year-on-year decrease of 3.0%, an operating cost of 1153.01 billion yuan, a year-on-year decrease of 3.1%, a total profit of 68.91 billion yuan, a year-on-year decrease of 9.1%, and a profit growth rate ranking the eighth lowest among all 41 industrial industries.
By the end of 2019, there were 6688 enterprises in the paper and paper products industry, 16 fewer than that at the end of 2018; 1151 loss making enterprises, 110 more than that at the end of 2018, accounting for 17.2% of the total loss. In terms of total profit and number of loss making enterprises, the paper and paper products industry is not optimistic.

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Post time: Feb-05-2020

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