Industrial enterprise profits continue to improve in May | manufacturing industry | profits | enterprises
CCTV News: On June 28th, the National Bureau of Statistics released data showing that in May, as industrial production continued to recover, the profits of industrial enterprises above designated size nationwide continued to improve. Among them, the profits of the manufacturing industry improved significantly. In May, the profits of the equipment manufacturing industry increased by 15.2% year-on-year, maintaining double-digit growth for two consecutive months.
Looking at different industries, due to the rapid growth of automobile sales, the profit of the automobile manufacturing industry has increased by 1.02 times, while the profit of industries such as electrical machinery, general equipment, and specialized equipment has grown rapidly, with growth rates of 27.3%, 30.9%, and 27.7%, respectively.
![Industrial enterprise profits continue to improve in May | manufacturing industry | profits | enterprises](https://a5qu.com/upload/images/1baa0999df62df2fde853fb9d99dfecc.jpg)
In May, with the continuous recovery of consumer demand, the profits of the consumer goods manufacturing industry improved. Among them, the profits of the textile and clothing industry increased by 47.0% year-on-year, with a significant improvement in profits.