China's industrial profit dips 1.1%, but recovery signs emerge: NBS
Profits of large-scale industrial enterprises in China experienced a marginal year-over-year (YoY) decline of 1.1 per cent in the first five months of 2025, according to National Bureau of Statistics (NBS). These figures reflect the performance of firms each with an annual primary business income of at least 20 million yuan (~$2.79 million).
Despite YoY dip, industrial profits showed a month-on-month (MoM) improvement. From January to May, total profits reached 2.72 trillion yuan, marking an increase of 603.41 billion yuan compared to the cumulative figures reported from January to April, said Chinese media reports citing NBS data.
China's large-scale industrial firms saw a 1.1 per cent year-on-year profit decline in the first five months of 2025, according to NBS. However, profits rose month-on-month, reaching 2.72 trillion yuanâ€'up 603.41 billion yuan from January-April. Operating revenue grew 2.7 per cent annually, reflecting steady business activity and hinting at a gradual recovery in the industrial sector.
The data also highlighted a 2.7 per cent annual rise in the operating revenue of these enterprises, attributing this steady growth to improved business activity.
Fibre2Fashion News Desk (SG)
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