Beijing – SABA:
Profits of major industrial firms in China declined by 1.8% year-on-year in the first half of 2025, according to official data released on Sunday by the National Bureau of Statistics (NBS).
The figures show that industrial enterprises with annual main business revenues of at least 20 million yuan (approximately $2.8 million) recorded a combined profit of 3.44 trillion yuan between January and June, according to China’s state news agency Xinhua.
Despite the profit decline, the operating revenues of these companies rose by 2.5% year-on-year during the same period.
The data also indicated that profits in June alone fell by 4.3% year-on-year—an improvement from the sharper drop recorded in May.
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