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China’s industrial revenue rises, but profit growth remains uneven
China’s major industrial enterprises reported a 0.3 per cent YoY profit decline in the first two months of 2025, with total profits at 910.99 billion yuan (~$127.4 billion). Manufacturing and utility sectors saw profit growth. Business revenue rose by 2.8 per cent, outpacing 2024’s growth. NBS attributed steady revenue gains as supportive of a potential profit rebound.
China’s major industrial enterprises reported a 0.3 per cent YoY profit decline in the first two months of 2025, with total profits at 910.99 billion yuan (~$127.4 billion).
Manufacturing and utility sectors saw profit growth.
Business revenue rose by 2.8 per cent, outpacing 2024’s growth.
NBS attributed steady revenue gains as supportive of a potential profit rebound.
