News Column

H1 above-size Industrial Enterprises Profits Up 11.4%

July 28, 2014



BEIJING, July 28, SinoCast -- Total profits of industrial enterprises above the designated size hit CNY 2.86498 trillion in the first six months of this year, growing 11.4% over a year earlier, according to the National Bureau of Statistics.

Industrial enterprises above the designated size in 35 of 41 major industries witnessed a year-on-year profit growth; one industry kept unchanged; five industries suffered a year-on-year drop. Among them, auto manufacturing witnessed a year-on-year profit growth of 29.1%; electrical machinery and equipment manufacturing witnessed a year-on-year profit growth of 25.3%; computer, communication and other electronic equipment manufacturing witnessed a year-on-year profit growth of 24.1%; electricity, heat production and supply industry witnessed a year-on-year profit growth of 24.1%; coal mining and washing suffered a year-on-year drop of 43.9%; petroleum and natural gas exploitation suffered a year-on-year drop of 2.3%.


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Sinocast Investing & Securities Beat (China)


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters