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Industrial profit growth picked up in June and corporate profits continued to improve

Industrial profit growth picked up in June and corporate profits continued to improve

Jul 17,2018
The national bureau of statistics, according to the national bureau of statistics web site for Dr Industrial SiHePing June 2017 industrial enterprises to understand profit data read, he ping, said in June, according to industry profit growth picks up, profits growth structure improvement; The supply-side structural reform has achieved remarkable results and the corporate benefits have been improving continuously.

According to the financial data of industrial enterprises released by the national bureau of statistics on July 27, the profits of industrial enterprises above the scale increased by 19.1% year-on-year in June 2017, an increase of 2.4 percentage points faster than in May. Profits rose 22 per cent in the january-june period from a year earlier, down 0.7 percentage points from the january-may period.

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