China's industrial profits rise 4.3% in January-April, unchanged from Q1

The jump followed a 4.3% increase in the first quarter and a slew of divergent activity data for April, according to National Bureau of Statistics (NBS) data.

Reuters

May 27, 2024 / 07:57 IST

China's industrial profits rise 4.3% in January-April, unchanged from Q1

Profits at China's industrial firms rose 4.3% in the first four months from the same period last year, official data showed on Monday.

The jump followed a 4.3% increase in the first quarter and a slew of divergent activity data for April, according to National Bureau of Statistics (NBS) data.

Industrial profit numbers cover firms with annual revenue of at least 20 million yuan ($2.76 million) from their main operations.

Reuters

first published: May 27, 2024 07:57 am

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