Profits of major industrial firms in China down 1.7% YoY in Jan-Jul
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Insights
- Industrial firms with an annual main business revenue of at least $2.81 million saw their combined profits reach close to $562 billion during the January-July period—a 1.7-per cent YoY drop.
- In July, such profits fell by 1.5 per cent YoY.
- Profits of major firms in the manufacturing sector increased by 6.8 per cent YoY in July 2025, accelerating from a YoY rise of 1.4 per cent in June.
Profits of major industrial firms in China dropped by 1.7 per cent year on year (YoY) in the first seven months this year, according to official data.
Industrial firms with an annual main business revenue of at least 20 million yuan ($2.81 million) saw their combined profits reach 4.02 trillion yuan (~$562 billion) during the January-July period, the National Bureau of Statistics (NBS) reported.
Industrial firms with an annual main business revenue of at least $2.81 million saw their combined profits reach close to $562 billion during the January-July period—a 1.7-per cent YoY drop.
In July, such profits fell by 1.5 per cent YoY.
Profits of major firms in the manufacturing sector increased by 6.8 per cent YoY in July 2025, accelerating from a YoY rise of 1.4 per cent in June.
In July, such profits fell by 1.5 per cent YoY, with the decline narrowing by 2.8 percentage points compared to the June figure.
Profits of major firms in the manufacturing sector increased by 6.8 per cent YoY in July 2025, accelerating from a YoY rise of 1.4 per cent in June, a state-controlled news outlet reported.
Fibre2Fashion News Desk (DS)
