Industrial profit growth decelerates in China - News - Dukascopy Bank

Tue, 27 Dec 2011 11:59:20 GMT
Source: China.org.cn
 
© Scanpix/AFP

Industrial companies in China reported yearly profit growth as 24.4% this year, being lower than record profits last year. The first 11 months profits totaled 4.66 trillion yuan, according to NBS. The fastest growth in profit saw private companies with 46.2% yearly increase while telecommunications and power generation sectors experienced 1.5% and 8.3% profit drop, respectively.


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