The reporter learned from the Shandong Machinery Industry Association that from January to April, the province's 9,736 mechanical enterprises above designated size achieved operating income of 5,215.20 billion yuan, a year-on-year increase of 40%, and the cumulative growth rate was 0.26 percentage points lower than that of the previous month.
According to reports, in the first four months, the province's machinery industry production, sales, and efficiency continued to grow at a high level, but the growth slowed down. The cumulative increase in sales revenue decreased by 0.26 percentage points from the previous month and decreased by 3.88 percentage points from the previous month; the cumulative increase in total profit decreased by 0.05 percentage points from the previous month, and the growth rate was only 2.89%. The auto industry is still operating at a high level, but the growth rate is slowing down. The growth rate of the construction machinery industry continued to accelerate at a high level, and profits doubled. The agricultural machinery industry is still maintaining a low growth rate.
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