China's industrial profits fall 0.3% in Jan-Feb
ReutersMar 27, 2025 1:35 AM
BEIJING, March 27 (Reuters) - Profits at China's industrial firms fell 0.3% in the first two months from the same period last year, official data showed on Thursday.
The gain followed a 11% rise in December and a 3.3% decline for the whole of 2024, according to National Bureau of Statistics (NBS) data.
Industrial profit numbers cover firms with annual revenue of at least 20 million yuan ($2.75 million) from their main operations.
($1 = 7.2605 Chinese yuan renminbi)
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