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China industrial enterprises see profits down 22.9%

(Xinhua)
Updated: 2009-06-26 11:27

BEIJING: China's large industrial enterprises saw profits fall 22.9 percent in the first five months over the same period last year, the National Bureau of Statistics (NBS) said Friday.

Total profits of large enterprises, with revenues more than 5 million yuan (US$732,000), stood at 850.2 billion yuan during the January-May period.

Related readings:  Industrial output rebounds in May  Retail sales, industrial output jump in May  Industrial output to 'pick up' very soon  Industrial output sets to hit 10% growth in 2H