On June 22, it was learned from the State-owned Assets Supervision and Administration Commission that in the first five months of this year, 14 state-owned enterprises in Changzhou achieved growth in both revenues and profits.

According to their completion of corporate financial indicators, there are four main characteristics: First, the operating income maintains double-digit growth. From January to May, the revenues of the 14 state-owned enterprises continued to grow, accumulating a total of 4.248 billion yuan, an increase of 14.73% over the same period of the previous year. Second, profits have increased rapidly. The accumulated profits of the 14 enterprises reached 305 million yuan, an increase of 81.77% over the same period of last year. Third, equity assets continued to grow. As of the end of May, the assets of these enterprises totaled 300.25 billion yuan, a year-on-year increase of 6.32%. Fourth, tax payments maintained double-digit growth. From January to May, these enterprises have paid taxes of 335 million yuan, a year-on-year increase of 20.1%.

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