Profits of industrial enterprises in China in March fell by 0.4%
Date: 14:40, 27-04-2015.
Almaty. April 27. Silkroadnews - Profits of China's industrial enterprises in March decreased compared with the same month last year by 0.4% to 508.61 billion yuan ($82.8 billion).
As noted, the rate of decline decreased in comparison with January-February, when the decline was at 4.2%.
In general, during the first three months of 2015 industrial enterprises showed decrease in profit by 2.7% to 1.25 trillion yuan.
Here, the industry refers to the main representatives of the sector - with an annual income of 20 million yuan.
Experts note that the decline in profits of industrial enterprises in March slowed down due to a number of factors, including lower prices for raw materials and a higher return on investment.
