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SWEF: Full Year Results for the Year Ended 31 -37-

DJ SWEF: Full Year Results for the Year Ended 31 December 2021 Starwood European Real Estate Finance Ltd (SWEF) SWEF: Full Year Results for the Year Ended 31 December 2021 24-March-2022 / 07:00 GMT/BST

Industrial Profits Increased by 4 1 Percent in 2020

  In 2020, among the industrial enterprises above designated size, state-owned holding enterprises achieved a total profit of 1,486.08 billion yuan, a decrease of 2.9 percent over the previous year; joint stock enterprises achieved a total profit of 4,544.53 billion yuan, an increase of 3.4 percent; enterprises invested by foreign investors, Hong Kong, Macao and Taiwan achieved a total profit of 1,823.41 billion yuan, an increase of 7.0 percent; private enterprises achieved a total profit of 2,026.18 billion yuan, an increase of 3.1 percent.   In 2020, the total profit of the mining industry reached 355.32 billion yuan, down 31.5 percent from the previous year; the total profit of the manufacturing industry reached 5,579.51 billion yuan, up 7.6 percent; the total profit of the power, heat, gas and water production and supply industry reached 516.78 billion yuan, up 4.9 percent.

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