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Industrial profits continue strong performance

By Chen Jia in Beijing and Shi Jing in Shanghai | China Daily | Updated: 2012-12-28 07:25

Sharp rise in November figures caps robust turnaround for the year

Industrial profits maintained strong growth momentum in November, capping a remarkable turnaround for the year.

Major industrial companies, those with annual revenues of more than 20 million yuan ($3.18 million), saw profits surge 22.8 percent year-on-year to reach 638.5 billion yuan last month, the National Bureau of Statistics said on Thursday.

Industrial profits continue strong performance

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