Ministry of Finance: Total profits of state-owned enterprises from January to July were 2.47864 trillion yuan, a year-on-year decrease of 3.3%.

According to the Finance Department APP, on August 29, the Ministry of Finance data showed that from January to July, the total operating income of national state-owned and state-controlled enterprises (hereinafter referred to as state-owned enterprises) remained unchanged from the same period last year, while the total profit decreased by 3.3% year-on-year. 1. Total Operating Income: From January to July, the total operating income of state-owned enterprises was 4,731.109 billion yuan, unchanged from the same period last year. 2. Total Profit: From January to July, the total profit of state-owned enterprises was 2,478.64 billion yuan, a decrease of 3.3% year-on-year. 3. Taxes and Fees Payable: From January to July, state-owned enterprises paid 3,469.46 billion yuan in taxes and fees, a decrease of 0.4% year-on-year. 4. Asset-Liability Ratio: At the end of July, the asset-liability ratio of state-owned enterprises was 65.1%, an increase of 0.3 percentage points compared to the same period last year.