Summary
[Ministry of Industry and Information Technology: The growth rate of Internet business revenue rebounded slightly in the first four months, and the decline in total profit expanded]According to the Ministry of Industry and Information Technology, from January to April, my country’s Internet and related service enterprises above designated size completed business revenue of 443.7 billion yuan, a year-on-year increase of 2.7%, a faster growth rate than An increase of 1.3 percentage points in the first quarter. The operating costs of Internet enterprises above designated size increased by 7.0% year-on-year, and the growth rate was 2.6 percentage points higher than that in the first quarter. The total profit achieved was 32.14 billion yuan, a year-on-year decrease of 25.4%, and the decline was 15.1 percentage points higher than that in the first quarter. Internet companies above designated size invested a total of 25.09 billion yuan in research and development, a year-on-year increase of 10.4%, and the growth rate increased by 2 percentage points from the first quarter.
According to the Ministry of Industry and Information Technology, from January to April, the business income of Internet and related service enterprises above designated size in my country reached 443.7 billion yuan, a year-on-year increase of 2.7%, and the growth rate was 1.3 percentage points higher than that in the first quarter. The operating costs of Internet enterprises above designated size increased by 7.0% year-on-year, and the growth rate was 2.6 percentage points higher than that in the first quarter. The total profit achieved was 32.14 billion yuan, a year-on-year decrease of 25.4%, and the decline was 15.1 percentage points higher than that in the first quarter. Internet companies above designated size invested a total of 25.09 billion yuan in research and development, a year-on-year increase of 10.4%, and the growth rate increased by 2 percentage points from the first quarter.
(Article source: Financial Associated Press)