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The Financial Express

China's industrial profits up 16.5pc in January-May

| Updated: June 29, 2018 14:19:50


Lankabangla and Fianancial Express Lankabangla and Fianancial Express
Representational image (Collected) Representational image (Collected)

The industrial profits of China grew 16.5 per cent in the first five months of 2018, quickening from the 15-per cent expansion for the January-April period, official data showed Wednesday.

In May alone, combined profits at industrial companies each with annual revenue of more than $3.0 million US dollars, went up 21.1 per cent year on year, according to the National Bureau of Statistics, reports Xinhua.

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