UK non-financial corporations reported a net rate of return of 11.5% in the third quater of 2009 according to the Office for National Statistics recent statistical bulletin on the profitability of UK companies. It compares with a revised estimate of 11.7% for the previous quarter. The annual net rate of return for 2008 was 14.1% compared with 14.2% for 2007.
The statistics for the latest quarter show that manufacturing companies NRR was 6.9%, services NRR was 12.9% and the NRR for companies of the UK continental shelf was 34.6%. The net rate of return for companies other than those of the UK continental shelf was 10.6%. Manufacturing companies NRR was comparable with earlier years, services NRR was lower than 2008's 15.4%.
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