China's industrial profits fall 1.1% in January-May

BEIJING, June 27 (Reuters) - Profits at China's industrial firms fell 1.1% in the first five months of 2025 from the same period last year, official data showed on Friday,

This compares with a 1.4% increase in the January-April period, according to National Bureau of Statistics (NBS) data.

Industrial profit numbers cover firms with annual revenue of at least 20 million yuan ($2.78 million) from their main operations.

($1 = 7.1849 Chinese yuan)