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BEIJING: Profits in China's industrial sector rose at the fastest pace in three years as the world's second-biggest economy showed more signs of stabilising, though some private forecasters say the improvement may be more fleeting than real.
US corporate profits plunged a record US$120.1bil in the fourth quarter as the economy shrank at its fastest pace since 1982, depressed by a slump in consumer spending and exports, government data showed on Thursday.
RECORD annual corporate profits and solid quarterly results for the last three months of 2003 have sent blue chips racing ahead in the past few days as well as setting the stage for upward revisions in earnings forecasts for the current financial year.
BEIJING: The profits of Chinese industrial companies fell for the first time in almost three years, highlighting the effects of slowing economic growth, falling prices, and the trade war with the United States.
BEIJING: The profits of Chinese industrial companies fell for the first time in almost three years, highlighting the effects of slowing economic growth, falling prices, and the trade war with the U.S.
SHANGHAI: Chinese industrial profits dropped 4.2 percent in November to 676.12 billion yuan ($108.85 billion), official data showed on Saturday, the biggest annual decline since August 2012 as the economy hit major unexpected headwinds in the second half.
SHANGHAI: Profits at China's non-financial state-owned companies in January-June slipped a little from a year earlier, the finance ministry said on Tuesday.
BEIJING: Profits earned by industrial companies leaped 20.5% in October over the previous year to 500 billion yuan, accelerating from Septembers 7.8% year-on-year increase, Chinas National Bureau of Statistics (NBS) said.