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THURSDAY, JUNE 23, 1994

RESULTS OF THE 1992 SURVEY OF VARIOUS SERVICE INDUSTRIES RELEASED

THE BUSINESS SERVICES, COMMUNICATION AND INSURANCE REGISTERED SIGNIFICANT GROWTH IN 1992.

INDUSTRIES

FOR

OTHER INCOME, COMPARED WITH 1991, THE BUSINESS RECEIPTS AND THAT IS TOTAL RECEIPTS WENT UP BY 23%, 22% AND 20% IN VALUE TERMS THE THREE SERVICE INDUSTRIES RESPECTIVELY.

IN THE

STORAGE INDUSTRY ALSO RECORDED AN INCREASE OF 12% TOTAL RECEIPTS OVER 1991. A MILD INCREASE OF 3% WAS REGISTERED IN THE FINANCING (EXCEPT BANKING) INDUSTRY.

1992 SURVEY OF BUSINESS SERVICES, STATISTICS DEPARTMENT,

THESE ARE SOME OF THE MAJOR FINDINGS OF THE STORAGE, COMMUNICATION, FINANCING, INSURANCE AND RELEASED TODAY (THURSDAY) BY THE CENSUS AND

THE SURVEY WAS CONDUCTED FROM JUNE 1993 TO EARLY 1994.

PRICE TERMS.

ADJUSTED INTERPRETING

ALL VALUE FIGURES HERE ARE EXPRESSED IN CURRENT PERCENTAGE CHANGES DERIVED FROM THESE FIGURES HAVE NOT BEEN

CAUTION SHOULD THEREFORE BE TAKEN IN FOR PRICE CHANGES. THE SURVEY RESULTS.

IN 1992, THERE WERE 15,500 ESTABLISHMENTS IN OPERATION IN BUSINESS SERVICES INDUSTRY, AN INCREASE OF 18% OVER 1991.

THE

PROCESSING, MISCELLANEOUS CONSULTANCY,

INDUSTRY

THE

AUDITING, ACCOUNTING, LEGAL, INCLUDES

DATA PROVIDING

TECHNICAL

AND AND

ADVERTISING AND MARKETING FIRMS AND COMPANIES

AS BUSINESS MANAGEMENT BUSINESS SERVICES SUCH

SECRETARIAL,

EMPLOYMENT,

MACHINERY/EQUIPMENT RENTAL SERVICES.

TOTAL RECEIPTS GENERATED BY THESE ESTABLISHMENTS $48.3 BILLION, AN INCREASE OF 23% OVER 1991.

TOTAL 1991.

AMOUNTED TO

OF THE FIGURE FOR

!

:

7

GROSS SURPLUS OF THE INDUSTRY ACCOUNTED FOR 20.3%% THE RECEIPTS, A DROP OF 2.0 PERCENTAGE POINTS FROM THE

INDUSTRY (COMPRISING THE TOTAL OPERATING EXPENDITURE OF THE

PURCHASES THIS WAS COMPENSATION OF EMPLOYEES, OPERATING EXPENSES AND VALUE OF OF GOODS FOR SALE) AMOUNTED TO 79.7% OF THE TOTAL RECEIPTS. 2.0 PERCENTAGE POINTS HIGHER THAN THE FIGURE FOR 1991.

WHICH IS A DOMESTIC BILLION IN

ADDED OF THESE ESTABLISHMENTS, THE TOTAL VALUE MEASURE OF THE INDUSTRY'S CONTRIBUTION TO HONG KONG'S GROSS PRODUCT, GREW BY 20% FROM $19.0 BILLION IN 1991 TO $22.9 1992.

RECEIPTS

AND WAS

1.3

OF THE TOTAL 47.4% CONSTITUTED IT PERCENTAGE POINTS LOWER THAN THE FIGURE FOR 1991.

/IN THE

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