Chinese firms' industries profits drop on exports

Note: This section contains information in English only.
Source: Bloomberg
China's manufacturing companies experienced their first fall in profit in three years as lower amounts of exports and government's property curbs harmed earnings. The net income for period January-February declined annual 5.2% or CHY 606 billion (USD 96 billion). In contrast Chinese industrial firms' profits rallied 34.3% in the corresponding two-month period last year. 

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