Industrial profits in China increase 10 percent


(MENAFN) The Chinese National Bureau of Statistics said that industrial Businesses in the country logged a profit increase of 10.1 percent in the January-March period of this year, Xinhua reported. The bureau said that total profits registered by industrial companies with annual business revenue of over USD3.25 million hit USD210.6 billion in the three-month period. The growth rate accelerated as profits in the first two months increased 9.4 percent versus the same period a year earlier, the bureau added.


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