Is it true that the revenue and profits of state-owned enterprises maintained double rapid growth in the first three quarters?

Data released by the State-owned Assets Supervision and Administration Commission of the State Council on the 12th showed that in the first three quarters of this year, my country’s central enterprises achieved a cumulative operating income of 19.1 trillion yuan, a year-on-year increase of 15.4%, and a total profit of 1,110.48 billion yuan. yuan, an increase of 18.4%, continuing the sustained growth trend since the fourth quarter of last year, and the growth rate of revenue and profit hit the best level since the same period in 2012.

“The stable foundation is more solidified, the driving force for progress is more powerful, and the qualitative improvement is more obvious.” Shen Ying, chief accountant of the State-owned Assets Supervision and Administration Commission, summarized the operations of central enterprises in the first three quarters at the State Council Information Office press conference on the 12th. Condition.

According to her, in the first three quarters, most of the 98 central enterprises increased profits, and 56 of them achieved profit growth of more than 10%. Especially as the supply and demand relationship in the industrial field further improves, the efficiency of production capacity utilization further improves, and the efficiency of industrial enterprises rebounds significantly.

Data show that in the first three quarters, the revenue and profits of central industrial enterprises increased by 18.3% and 24% respectively year-on-year. The contribution of increased revenue and increased profits to the overall revenue and profit increase of central enterprises was 75% respectively. .3% and 64%. At the same time, the income of high-end manufacturing, scientific research, modern service industries and other industries increased by 24.1%, higher than the average level of central enterprises.

So far, central enterprises have completed this year’s steel production capacity reduction target of 5.95 million tons ahead of schedule, completed coal production capacity reduction of 23.88 million tons, and reorganized a total of 100 million tons of coal production capacity. In the first half of this year, the overall performance of 2,041 "zombie" subsidiaries and extremely poor subsidiaries affiliated to 81 central enterprises improved significantly, with losses reduced by 88.5 billion yuan compared with the same period in 2015, which greatly supported the improvement of the efficiency of central enterprises.

In addition, at present, more than half of the tasks of separation and transfer of the "three supplies and one industry" (water supply, power supply, heat/gas supply and property management for the families of state-owned enterprise employees) of state-owned enterprises have been completed, and initial progress has been made in the work of divesting social functions of enterprises. Results: Positive progress has been made in the reform and relief of key difficult enterprise groups, with losses reduced and profits increased by 12.23 billion yuan year-on-year.

There is prosperity and growth everywhere, and the motherland is getting stronger and stronger.