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<< Back The growth of industrial profits is slowing down.

During January to April, the profits of China's enterprises above designated size increased by 24.4% YoY, down by 3.9 ppt compared with last 3 months. In April alone, the profits went up by 14% YoY, slower by 9.8 ppt compared with that of March.

Insiders believed that the slowdown was "reasonable" after the breakneck growth in previous months, and there is still a good momentum in industrial profit growth. In addition, enterprises' efficiency indicators also improved, including: profit margins, turnover of capital, leverage ratio, turnover days of finished product, etc.
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