In a recent report released by the Industrial Economic Promotion Bureau of Shijiazhuang City, it was revealed that industrial performance during January and February showed mixed results. While thermoelectric companies experienced declining efficiency and lower profits, the pharmaceutical and chemical sectors saw significant growth, reflecting a stark contrast in economic trends across different industries.
According to the data, industrial enterprises above the designated size in the city generated a total revenue of 42.182 billion yuan from January to February, marking a 32.95% year-on-year increase. However, tax contributions fell slightly by 0.11%, and profits dropped by 10.19% to 1.808 billion yuan. The decline in profits for thermoelectric companies was primarily attributed to rising coal prices and reduced power generation hours, which significantly impacted their operations. Notably, major players such as Dongfang Thermal Power, Huaneng Shang'an Power Plant, Hebei Thermal Power Plant, and Xibaipo Power Plant (including the Second Company) all reported a combined loss of 282 million yuan compared to the same period last year.
On the other hand, the pharmaceutical and chemical industries performed exceptionally well, with profits surging by over 80% year-on-year. This robust growth highlights the sector's resilience and strong market demand, even amid broader challenges in the industrial landscape.
The overall industrial growth remained relatively low, indicating that while certain sectors are thriving, others are struggling under external pressures. As the city continues to navigate these dynamics, policymakers may need to consider targeted support measures to stabilize key industries and foster more balanced development across the manufacturing sector.
Glass Bathroom Accessory Sets
Glass Bathroom Accessory Sets,White Bathing Set Glass Bottle,Grass Green Bathing Set Glass Bottle,Emerald Green Bath Set Glass Bottle
MingHui Houseware Company Limited , https://www.minghuihousewareltd.com