Tag: China: Industrial firms’ profits decline 4.3% y-o-y in Jan-Oct’24

Decline in gross profits shrinks m-o-m in Oct’24 Steel sector logs profits in Oct, 1st time this year Mysteel Global: Profits of major Chinese industrial enterprises declined 4.3% y-o-y during January-October 2024 to RMB 5.87 trillion ($809 billion), according to the latest data from the National Bureau of Statistics (NBS) released on Wednesday. In October…