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Industrial firms' profit increase weak in Nov

By Xin Zhiming | China Daily | Updated: 2017-12-28 07:55

Analysts say enterprises may continue to register high growth next year

Profits of China's industrial enterprises grew at their slowest pace in seven months in November, but analysts said the profit growth of those firms will not fall sharply in the coming months.

Profits in November rose 14.9 percent year-on-year to 785.8 billion yuan ($120.15 billion), compared with 25.1 percent in October, the National Bureau of Statistics said on its website on Wednesday. This was the slowest monthly growth rate since April's 14 percent.

Industrial firms' profit increase weak in Nov

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