Ministry of Industry and Information Technology: From January to July, the profit of communications equipment manufacturing industry decreased by 21% year-on-year

The website of the Ministry of Industry and Information Technology released the 2011 Summer Report on the Operation of China's Industrial Economy.

Regarding electronics manufacturing, from January to July, the added value of electronics manufacturing increased by 14.8% year-on-year. From the monthly operating situation, due to the impact of exports, the growth rate of production in May once fell to 11.5%, and the increase in the six months and seven months was basically stable. Among the major products, the output of computer-based computers increased by 34.5% year-on-year, the output of program-controlled switches and integrated circuits increased by 35% and 18.3% respectively, and the output of color TVs increased by 3.7%.

The export growth stabilized at a low level. From January to July, the export delivery value of electronics manufacturing industry was 2.0898 trillion yuan, an increase of 14.4% year-on-year, accounting for 37.4% of the total industrial exports of all above-scale industries and accounting for 62.2% of the total sales value of the industry. Due to the high base of the same period of last year and the impact of the Japan earthquake and tsunami disaster on the industrial supply chain, the growth rate of export delivery value in May once fell to 6.6%, and it rebounded to 13.8% and 14.8% in June and July respectively.

The overall profitability fell. From January to July, the electronic manufacturing industry realized a profit of 102.6 billion yuan, a year-on-year decrease of 1.5%. The main business profit margin was 3.01%, down 0.64 percentage points year-on-year; the loss was 24.3%, and the loss of loss-making enterprises was 22.7 billion yuan, year-on-year. Increased by 73.8%. Among them, the profits of telecommunications equipment manufacturing industry decreased by 20.5% year-on-year, the loss reached 25.2%, the losses of computer manufacturing and electronic device manufacturing reached 25.2% and 23.4% respectively, and the loss of loss-making enterprises increased by 1 and 1.2 times respectively.

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