January-February Zhejiang leather industry profit growth fell sharply

From January to February this year, the revenue of main business of large-scale industrial enterprises above designated size in Zhejiang province reached 500.57 billion yuan, up by 19.5% over the same period of last year. Profit was 19.08 billion yuan, an increase of 6.7%, an increase of 30.1 percentage points lower than the same period of last year.

Among them, the oil processing, coking and nuclear fuel processing industry-wide loss, loss amounted to 1.26 billion yuan; furniture manufacturing, non-metallic mineral products industry, culture and education sporting goods manufacturing industry, leather, fur, feather products industry, chemical fiber manufacturing, Electricity and heat production and supply industries such as negative growth in profits.

Zhejiang Bureau of Statistics recently that the main reason for the sharp drop in profits is: a substantial rise in international crude oil prices, its downstream product prices have also been affected, chemical fiber and other industries raw material prices rose sharply, to the corresponding industry to bring greater cost pressures The impact of natural disasters. As a result of the snowstorms at the beginning of the year, part of the transmission lines were damaged and coal transportation was sluggish, prices rose, which brought some impact on the power production and supply enterprises' production and operation. In the meantime, the snowstorm caused a shortage of employment and a slowdown in production after the holiday, which is reflected in some labor-intensive industries.

In addition, the export tax rebate, RMB appreciation, bank loan interest rates and other factors increase, but also makes some enterprises increased financial costs. With the national implementation of energy-saving emission reduction policies to increase the intensity of some industries such as cement by the environmental pressure, the production and benefits are subject to some impact.

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