Profit of the state-owned enterprises in the first half 900 billion colored power industry

Our correspondent Zhu Baochen Ministry of Finance 16th released data shows that the first 6 months of this year, the national state-owned and state-controlled enterprises accumulated profits of 927.59 billion yuan, an increase of 57.1%.　　Nonferrous, electric power industry profit growth, chemical industry, automobile, transportation, real estate and other industries continue to maintain a relatively rapid growth, steel, petrochemical, oil, coal and other industries have fallen in the chain. Statistics show that January-June, the state-owned enterprises accumulated total operating income of 14,223,660,000,000 yuan, an increase of 40.9%, June than the May quarter-on-quarter growth of 6.9%.　　January-June, the state-owned enterprises accumulated profits of 927.59 billion yuan, the year-on-year growth of 57.1%, June than May quarter-on-quarter growth of 7.7%. The data also showed that in January-June, the total cost of state-owned enterprises was 13,331,890,000,000 yuan, an increase of 39%. The sales margin was 6.5%, up 0.7% from a year earlier, cost-cost profit margins of 7%, up 0.8% per cent from a year earlier, and net assets profit margins of 5.1%, up 1.3% from a year earlier. Inventories of state-owned enterprises Rose 23.4% Year-on-year. The average total assets turnover rate is 0.3 times, and is basically flat with the same period last year.