From January to March, industrial enterprises above designated size achieved a revenue of 31.18 trillion yuan, a year-on-year decrease of 0.5%; The operating cost incurred was 26.52 trillion yuan, an increase of 0.6%; The operating revenue profit margin was 4.86%, a year-on-year decrease of 1.30 percentage points. Among them, the paper and paper products industry achieved a revenue of 329.51 billion yuan, a year-on-year decrease of 6.3%; The printing and recording media replication industry achieved a revenue of 157.40 billion yuan, a year-on-year decrease of 6.8%.

Overall, the profit decline of industrial enterprises is still significant, and the scope and amount of losses for enterprises are still high. However, a year-on-year decline in upstream prices is beneficial for improving the profitability of downstream industries. In the next stage, efforts should continue to expand market demand, boost market confidence, improve enterprise expectations, improve the level of production and sales linkage, and promote the accelerated recovery of industrial enterprise profits.

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