China's plastics processing industry achieved 1.14 trillion yuan (US$166.9 billion) in sales and 64.6 billion yuan (US$9.5 billion) in profit in 2008, according to latest figures from China's National Bureau of Statistics.
That gives the industry an average profit margin of 5.7 percent.The industry possesses 865.1 billion yuan (US$126.6 billion) in total assets and 468.9 billion yuan (US$68.6 billion) in debt, making the industry-wide equity 39.6 billion yuan (US$ 5.8 billion), the Dec. 25 report said. The industry consists of 95,000 registered business entities with a total workforce of 3.87 million.Plastics materials, equipment and recycling are not included in these figures.SEARCH
ABOUT
This page contains a single entry from the blog posted on December 29, 2009 9:25 AM.
The previous post in this blog was U.S. 2008 pay lagged inflation.
The next post in this blog is My talk on China's plastics industry.
Many more can be found on the main index page or by looking through the archives.
Powered by Movable Type 4.37
Return to The PN China Blog home page
Go to the PlasticsNews.com/China home page
« U.S. 2008 pay lagged inflation | Main | My talk on China's plastics industry »
Fast numbers