• Profits of industrial companies in China drop 4.6% in October

Market news

27 November 2015

Profits of industrial companies in China drop 4.6% in October

China's National Bureau of Statistics (NBS) said on Friday that profits of industrial companies in China declined 4.6% in October from a year earlier, after a 0.1% fall in September.

For the first ten months of 2015, industrial profits fell 2.0% from a year earlier.

Profits in the mining sector dropped 56.3% in the first ten months of the year from a year earlier, while manufacturing profits rose 3.8%.

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