You are here

China industrial firms' Jan-Feb profits rise 4.8% y/y

Sunday, March 27, 2016 - 10:44

[BEIJING] Profits earned by Chinese industrial firms in January and February rose 4.8 per cent from a year earlier, the National Bureau of Statistics (NBS) said on Sunday.

The bureau released the data on its website, adding that industrial firms saw a total profit of 780.7 billion yuan (US$119.8 billion).

The bureau always gives a combined profit figure for the first two months of each year to smooth out seasonal distortions caused by the Lunar New Year holiday, when most companies are closed for the celebrations.


Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom