China's industrial businesses profits soar 15.1 percent in Oct.

(MENAFN) Industrial businesses in China last month registered a 15.1 percent increase in profits from the same month a year ago, but down 18.4 percent from September, Xinhua reported. The National Bureau of Statistics (NBS) said that industrial companies with annual revenues of over USD3.26 million had their profits increase to USD94.7 million in October. The companies' profits went up 13.7 percent in the first 10 months from the same period last year to hit USD755.1 billion.