High-Tech Manufacturing Drives Industrial Profit Growth with 44.8% Surge in First Four Months

Deep News
May 27

High-tech manufacturing has demonstrated significant leadership in driving industrial profit growth. From January to April, profits in high-tech manufacturing enterprises above a designated size increased by 44.8% year-on-year, contributing 7.8 percentage points to the overall profit growth of industrial enterprises above the designated size, highlighting its sustained and prominent leading role.

By sector, the rapid development of semiconductor-related industries has driven substantial profit growth. Specifically, profits in the manufacturing of electronic specialty materials surged by 601.7%, followed by optical fiber manufacturing at 347.6%, and optoelectronic device manufacturing at 51.0%. Industries related to industrial automation and intelligent manufacturing also saw robust profit increases. Profits in the manufacturing of industrial control computer systems grew by 128.6%, testing instrument manufacturing by 58.8%, and industrial automatic control system equipment manufacturing by 17.3%. Additionally, advancements in high-quality development within the medical sector were evident, with profits in the manufacturing of dental equipment and instruments rising by 25.0%, and medical and pharmaceutical supplies manufacturing by 24.0%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10