Tuesday, May 27, 2014

China Jan-April Industrial Profits +10% On Year



Industrial profits in China were up 10.0 percent on year through the first four months of the year, the National Bureau of Statistics said on Wednesday – coming in at 1.762 trillion yuan.


The mining industry saw a total profit of 2,212.9 billion yuan, down 16 percent. Utilities saw a total profit of 1,427.1 billion yuan, up 27.2 percent on year.


State-owned enterprises saw a total profit of 4,716 billion yuan, up 2.6 percent, while collective enterprises realized a total profit of 221.1 billion yuan, up 1.5 percent. Joint-stock enterprises saw a total profit of 10,362.6 million yuan, an increase of 9.1 percent.


For April alone, profits were up an annual 9.6 percent.



Published: 2014-05-28 03:21:00 UTC+00







China Jan-April Industrial Profits +10% On Year

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