Industrial profits in China fall 2.7% in the first quarter of 2015

Market news

27 April 2015

Industrial profits in China fall 2.7% in the first quarter of 2015

China's National Bureau of Statistics released its industrial profits data for China on Monday. Industrial profits in China fell 2.7% year-over-year in the first quarter of 2015 to 1.25 trillion yuan.

Industrial profits declined 0.4% from a year ago to 508.61 billion yuan.

Mining profits plunged 61% in the first quarter of 2015 from a year earlier, while manufacturing profits rose by 4.9%.

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