Mon, Nov 27, 2023
The 2.7 per cent year-on-year rise sees profit growth narrow back to single-digits, following an 11.9 per cent increase in September and a 17.2 per cent gain in August, putting pressure on authorities to extend further assistance to manufacturers as soft global demand continues to dog policymakers heading into 2024.
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Sat, May 27, 2017
Chinese industrial firms have reported 14% rise in profit for April this year but has slowed down as compared to March month on back of falling prices of finished products, raw material costs and slower profit growth of industries like steel, autos and chemicals.
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