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China’s industrial profit grew at faster pace in Q1 driven by mining sector, manufacturing profits declined further

Posted on April 27, 2022April 27, 2022 by

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Profits at China's industrial companies grew at a faster pace in March from a year earlier, data showed on Wednesday, despite the negative impact on the economy from COVID-19 outbreaks and the Russia-Ukraine conflicts.

Industrial companies generated a total of 1.96 trillion yuan of profits in the first quart quarter of the year, rising 8.5% from a year earlier, accelerating by 3.5 percentage points from the growth for the . . .

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