China's industrial companies of national scale or above posted 3.5% increase in profits in January-June from a year earlier: Chinese media

China's National Bureau of Statistics announced on the 27th that the total profits of industrial enterprises with national-scale or larger revenues (enterprises with annual main operating revenues of 20 million yen or more) in the first half of the year increased 3.5% compared to the same period last year.
Looking at the profit situation by major industry, non-ferrous metal smelting and rolling processing increased by 78.2% year-on-year, while electricity and energy production and supply
The manufacturing industry, including the supply chain, grew 27.2% year-on-year, while the computer, communications and other electronic equipment manufacturing industry grew 24.0% year-on-year, showing high growth rates.
On the other hand, the non-metallic mineral product manufacturing industry fell 49.9% year-on-year, and the coal mining and washing industry fell 24.8% year-on-year.
The petroleum, coal and other fuels processing industry, the black metal smelting industry and the rolling processing industry all turned to losses from profits in the same period of the previous year.
During the same period, the operating revenue of industrial enterprises of national or larger size was 64.86 trillion yen (approximately 1,371 trillion yen).
In June alone, operating revenue increased 3.6% year-on-year to 24.75 trillion yen, up 2.9% year-on-year, and sales increased 8.6% year-on-year to 24.75 trillion yen. Looking at June alone, operating revenue increased 3.6% year-on-year.