Chinese electronics industry profits fell 64% in the first half

Statistical data China state-owned assets management committee recently released show that in the first half of this year, 47 households China electronics industry key state-owned enterprises realized profits of 1 billion 820 million yuan, down 64%.

SASAC sources said, the first half of the year, rising market demand, sluggish costs in the face of state-owned key electronic enterprise situation, efforts to develop new products, expand the scale of operation, the steady growth of income. However, due to energy, raw material prices, the cost increase has been more than revenue growth, a substantial decline in profits.

Statistics show that in the first half, the 47 companies to complete the total industrial output value (current price) 160 billion 870 million yuan, an increase of 6.1%. Main business income of 184 billion 440 million yuan, an increase of 12.6%.

But during this period, the company's main business costs increased by 13.2%, the growth rate of more than the main business income of 0.6 percentage points