China industrial profits rise 15.7 percent as electronics more than double
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109.9 percent.
That is the increase in profit at China's computer, communications and electronics manufacturers through August, according to the National Bureau of Statistics.
Profit across larger industrial firms rose 15.7 percent to 5.272tn yuan in January through August. The cumulative rate was 17.6 percent through July, while profit in August alone grew 4.2 percent.
The split is wide. Manufacturing profit rose 17.4 percent, but auto profit fell 16.0 percent and electrical machinery profit fell 5.2 percent. Revenue across the survey rose 6.6 percent to 93.09tn yuan, while the profit margin increased 0.44 percentage point to 5.66 percent.


