Industrial revenue down 0.9 percent
Ka Ho Harbor, Macau
The total revenue of Macau’s industrial establishments dropped slightly by 0.9 percent year-on-year to MOP10.41 billion in 2016, according to data released yesterday by the Statistics and Census Service (DSEC), while “intermediate consumption” decreased 7.4 percent to MOP5.53 billion.
As the decline in consumption outpaced the drop in revenue, the gross surplus of the industrial sector (MOP2.82 billion) grew by 8.9 percent year-on-year.
According to DSEC, a total of 883 establishment were operating in industrial production, a year-on-year decrease of 17, while the number of people engaged in the sector increased by 1.2 percent to 12,062.
Attributable to a decrease in sales volume of cement and concrete, revenue of the manufacturing sector dropped by 3.7 percent year-
on-year to MOP6.88 billion, with its share in terms of the industrial sector’s revenue falling 1.9 percentage points to 66.1 percent.
Within the manufacturing sector, revenue of manufacture of food products and beverages grew by 8.4 percent year-on-
year to MOP1.89 billion. On the other hand, due to the declining demand for cement and similar products in local construction projects, revenue fro the cement and concrete segment decreased by 21 percent year-on-
year to MOP1.61 billion. The revenue of the publishing and printing sector increased last year by 4.7 percent to a total of MOP800 million.
As regards the electricity, gas and water supply sector, increased electricity consumption drove revenue up by 4.9 percent year-on-year to MOP3.53 billion.
Among the emerging industries, the manufacture of Chinese medicine showed continued growth, with revenue rising notably by 65.7 percent year-on-year to MOP48.7 million, representing the third consecutive year of increase.
