Profit of the companies of the petrochemical industry in China in the first 9 months increased by 45%

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In the first nine months of 2018, the petrochemical companies of China received a total profit of 712 billion 100 million yuan, which is 45.2% more than in the same period of 2017. Such data are cited by the Ministry of Industry and Information Technology of China. According to the Xinhua news agency, the profits of the petrochemical industry accounted for 14.3% of the total profits of the largest Chinese enterprises. Their assets at the end of September amounted to 12 trillion 750 billion yuan, having increased over the specified period by 6.1% in annual terms. China's petrochemical companies for the first 9 months exported products in the amount of 521 billion 660 million yuan. The annual growth rate was 22.8%.

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