Latest news with #industrialcompanies
Zawya
27-05-2025
- Business
- Zawya
China's industrial profits grow 1.4% in four months
BEIJING - Profits of China's major industrial companies rose by 1.4 percent year-on-year in the first four months of the year, up from a 0.8 percent increase recorded in the first quarter, according to official data released on Tuesday. Industrial firms with an annual main business revenue of at least 20 million yuan (approximately US$2.78 million) posted combined profits of 2.12 trillion yuan during the January-April period, the National Bureau of Statistics reported. The National Bureau of Statistics reported that profits of major industrial firms climbed by 3 percent in April compared to the same period last year.
Wall Street Journal
27-05-2025
- Business
- Wall Street Journal
China's Industrial Profit Growth Accelerated in April
China's industrial companies reported higher profits in April, driven by faster production despite continuing uncertainties from trade tensions between Beijing and Washington. Industrial profit rose 3.0% from a year earlier in April, accelerating from a 2.6% increase in March, said the National Bureau of Statistics on Tuesday.
Reuters
27-05-2025
- Business
- Reuters
China's industrial profits rise 1.4% in January-April
BEIJING, May 27 (Reuters) - Profits at China's industrial firms expanded 1.4% in the first four months of 2025 from the same period last year, official data showed on Tuesday, following a 0.8% gain in the first quarter. In April alone, total profits of industrial companies rose 3.0%, according to National Bureau of Statistics (NBS) data. Industrial profit numbers cover firms with annual revenue of at least 20 million yuan ($2.79 million) from their main operations. ($1 = 7.1798 Chinese yuan)
