Operation Analysis of China Printing Industry January - March 2023
From January to March 2023, the enterprises above designated size of China's printing industry to achieve operating income, down 6.8% year-on-year. Compared with -7.9% in January-February, the decline has narrowed (see below figure). Over the same period, all industrial enterprises above designated size to achieve business income, down 0.5% year-on-year. Printing industry revenue growth rate compared with the average level of all industry is still a significant gap, showing that the industry's prosperity still needs to be boosted.
From January to March 2023, the enterprises above designated size of China's printing industry to achieve total profits, down 19.9% year-on-year. , down 19.9% year-on-year. Compared with the January-February -24.3%, the decline narrowed more strongly, raw material prices back down may be an effective driver of the industry's improved profitability.
In January-March 2023, the operating income margin of China's printing industry was 3.51%, an improvement compared to the previous month.
In January-March 2023, the value of exports delivered to China's printing industry fell 8.1% year-on-year, narrowing the rate of decline compared to January-February.
The year 2023 is still a challenging year for China's printing companies, and still requires the printer to be confident and make great efforts.