City Flash

Gross Revenue of SOEs in Sichuan Reached 114.2B Yuan in First Two Months

    On March 29, 2019, Sichuan Province released its statistical data showing that from January to February 2019, state-owned enterprises(SOEs) in Sichuan Province achieved a total operating income of 114.2 billion yuan, a year-on-year increase of 21.9%, of which provincial-level SOEs achieved 29.6 billion yuan at a year-on-year increase of 27.3%, municipal or prefectural-level SOEs and below achieved 86.9 billion yuan at a year-on-year increase of 20.2%, and the accumulated total profit reached 7.1 billion yuan with a net profit of 4.5 billion yuan at a year-on-year decrease of 4.9%. From January to February 2019, the total operating costs of SOEs in Sichuan Province reached 110.4 billion yuan, a year-on-year increase of 23.9%, of which provincial-level SOEs in Sichuan Province reached 30 billion yuan, a year-on-year increase of 33.7%, and municipal and prefectural-level SOEs and below reached 80.4 billion yuan, a year-on-year increase of 20.6%.


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