Decrease In Profit In 37 Industries From January To February

The National Bureau of Statistics released news on March 27 that in January-February, of the 41 industrial sectors, the total profits of 4 industries increased year-on-year, while 37 industries decreased.
The profit of the main industries is as follows: total profit of the tobacco products industry increased by 31.5% year-on-year, non-ferrous metal smelting and rolling processing industry increased by 28.3%, oil and natural gas extraction industry increased by 23.7%, agricultural and sideline food processing industry increased by 2.2%, computers, communications and other Electronic equipment manufacturing industry decreased by 87.0%, automobile manufacturing industry decreased by 79.6%, electrical machinery and equipment manufacturing industry decreased by 68.2%, chemical raw materials and chemical products manufacturing industry decreased by 66.4%, general equipment manufacturing industry decreased by 62.3%, and textile industry decreased by 59.3%. Special equipment manufacturing industry decreased by 55.1%, coal mining and washing industry decreased by 45.6%, non-metallic mineral products industry decreased by 37.0%, ferrous metal smelting and rolling processing industry decreased by 34.4%, electric power, heat production and supply industry decreased by 19.4%, oil , Coal and other fuel processing industries turned from profit to loss over the same period.