China April industrial profits up 9.6% YoY

India Infoline News Service | Mumbai |

For the first four months of 2014, profits of industrial companies in China rose 10% to 1.8 trillion yuan

Profits earned by Chinese industrial firms rose 9.6% in April to 468.6 billion yuan (USD 75 billion) from a year earlier, the National Bureau of Statistics said on Wednesday.
For the first four months of 2014, profits of industrial companies rose 10% to 1.8 trillion yuan, little changed from the 10.1% for the first quarter.
 

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