The nationwide scale industrial enterprises profit fell 37.3% on Feburay

The nationwide scale industrial enterprises profit fell 37.3% on Feburay

from Jan to Feb, the national industrial enterprises above designated size (main business enterprises with annual revenue more than five million yuan, the same below) realized a total profit of 219.1 billion yuan, 37.3% decline compared to the period last year. In 39 industrial sectors, the oil and gas exploration industry profits fell 86.1%, the chemical industry profits fell 49.3%, 3.6% decline in building material industry, electronic communication equipment manufacturing industry has declined 96.3%, and special equipment manufacturing industry has declined 13.4%, transportation equipment manufacturing industry has declined 40.4%, 77.0 % decline in the power industry,