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The year-on-year growth rate of profit in China furniture manufacturing industry from Jan. to May in 2017 is 8.5%

2017-07-14 Tag: China furniture growth

China,furniture,growth

 

According to the date of furniture manufacturing industry released by the National Bureau of Statistics (NBS), the total asset of China furniture manufacturing industry from Jan. to May in 2017 is 517.7 billion yuan with the year-on-year growth rate of 10.20%, and the growth speed has increased with the percentage point of 0.8 compared with the rate from Jan. to Apr.


The completed aggregate-value of fixed assets from Jan. to May is 112.6 billion yuan with the year-on-year growth rate of 19.7%, and the growth speed has increased with the percentage point of 2.1 compared with the rate from Jan. to Apr.


The operating income of furniture manufacturing industry is 353.62 billion yuan from Jan. to May with the year-on-year growth rate of 13.3%; The total profit is 20.63 billion yuan with the year-on-year growth rate of 8.5%.


The scale effect and brand effect of furniture industry are remarkable, and the high-quality listed companies with scale and brand will be expected to reach and exceed the accelerated performance growth of the industry with the assistance of capital. Therefore, it is expected with a beautiful future development.


(Source: JJGLE.COM)