累计增速转正，8月份增长超20% 工业企业利润明显改善

Group 1 - In the first eight months of the year, profits of industrial enterprises above designated size turned from a 1.7% year-on-year decline to a 0.9% increase, reversing the continuous profit decline since May [1] - In August, profits increased by 20.4% compared to a 1.5% decline in July, indicating significant improvement in monthly profits [1] - Revenue for industrial enterprises above designated size grew by 2.3% year-on-year in the first eight months, with August revenue growth accelerating to 1.9%, up by 1.0 percentage points from July [1] Group 2 - The equipment manufacturing sector showed a notable "ballast" effect, with profits growing by 7.2% in the first eight months, contributing 2.5 percentage points to the overall profit growth of industrial enterprises [2] - Among the eight industries in equipment manufacturing, seven experienced profit growth, with the railway, shipbuilding, and aerospace sectors seeing rapid profit increases of 37.3% and 11.5% respectively [2] - Raw material manufacturing profits increased by 22.1%, while consumer goods manufacturing profits turned from a 2.2% decline to a 1.4% increase, driven by rising market demand and cost reductions [2] Group 3 - Profits improved across different scales of enterprises, with medium and small-sized enterprises seeing year-on-year profit growth of 2.7% and 1.5% respectively, while large enterprises experienced a narrowing of profit decline [3] - Private enterprises outperformed the average profit growth of industrial enterprises, with a 3.3% increase, which is 2.4 percentage points higher than the overall average [3] - In August, the cost situation for industrial enterprises improved, with costs per 100 yuan of revenue decreasing by 0.20 yuan year-on-year, marking the first monthly decrease since July 2024 [3]