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China September industrial profits up 18.4 percent year-on-year
October 27, 2013 / 3:07 AM / 4 years ago

China September industrial profits up 18.4 percent year-on-year

SHANGHAI (Reuters) - Profits earned by Chinese industrial firms rose 18.4 percent to 558.9 billion yuan ($91.9 billion) in September from a year earlier, slower than the annual growth of 24.2 percent in August, the National Bureau of Statistics said on Sunday.

A worker walks among gas storage tanks at the construction of Beijing Jingxi Gas-fired Thermal Power Co Ltd, which will be used to replace the old coal-fired power plants in Beijing, October 25, 2013. REUTERS/Jason Lee

For the first nine months of 2013, industrial profits totaled 4.05 trillion yuan, up 13.5 percent from the same period a year earlier, the bureau said on its website. (www.stats.gov.cn)

($1 = 6.0840 Chinese yuan)

Reporting By Gabriel Wildau; Editing by Michael Perry

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