China: Industrial profits rose sequentially in June
China’s industrial profits and revenue rose by 3.9% yoy and 2.9% yoy, respectively,in June, from +0.5% yoy and +4.1% yoy in May. In sequential terms, industrial
应用介绍
China’s industrial profits and revenue rose by 3.9% yoy and 2.9% yoy, respectively,
in June, from +0.5% yoy and +4.1% yoy in May. In sequential terms, industrial
profits rose by 6.0% sa non-annualized (vs. +0.6% in May), while revenue decreased
by 0.9% sa non-annualized (vs. -0.1% in May). Overall profit margins (total profits
divided by revenues) stayed roughly flat on a 12-month average basis.
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