China’s August Industrial Companies’ Profit Rises 19% on Year

(Bloomberg) -- August profit was 612.8 billion yuan ($89.8 billion), China’s National Bureau of Statistics said on website.

• Industrial companies’ profit in the first eight months were 3.72 trillion yuan, a drop of 4.4% from same period last year
• NOTE: Last month, Chinese Industrial Firms’ Profits Grow Fastest Since 2018 (1)

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With assistance from Bloomberg