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SunSirs: The Total Profit of China Coal Mining and Beneficiation Industry decreased 18.7% year-on-year from January to May, 2023

July 06 2023 09:59:25     SunSirs (Selena)

On June 28, the National Bureau of Statistics announced that from January to May 2023, industrial enterprises above designated size achieved a revenue of 51.39 trillion RMB, a year-on-year increase of 0.1%. The operating revenue of the mining industry was 2,529.22 billion RMB, a year-on-year decrease of 7.2%. Among them, the operating revenue of Coal mining and washing industry was 1,509.68 billion RMB, down 9.1% year on year.

From January to May 2023, industrial enterprises above designated size nationwide achieved a total profit of 266.89 billion RMB, a year-on-year decrease of 18.8%. The mining industry achieved a total profit of 591.93 billion RMB, a year-on-year decrease of 16.2%. Among them, Coal mining and washing industry realized a total profit of 365.8 billion RMB, down 18.7% year on year.

In addition, from January to May 2023, industrial enterprises above designated size nationwide incurred operating costs of 43.83 trillion RMB, an increase of 1.2%. The operating cost of the mining industry was 1,595.34 billion RMB, a year-on-year decrease of 2.9%. Among them, the operating cost of Coal mining and washing industry was 941.06 billion RMB, down 4.3% year on year.

 

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