Profits of major industrial firms in China down 1.7% YoY in Jan-Jul

Industrial firms with an annual main business revenue of at least 20 million yuan ($2.81 million) saw their combined profits reach 4.02 trillion yuan (~$562 billion) during the January-July period, the National Bureau of Statistics (NBS) reported.

In July, such profits fell by 1.5 per cent YoY, with the decline narrowing by 2.8 percentage points compared to the June figure.

Profits of major firms in the manufacturing sector increased by 6.8 per cent YoY in July 2025, accelerating from a YoY rise of 1.4 per cent in June, a state-controlled news outlet reported.

ALCHEMPro News Desk (DS)