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Chinese ferrous metal mining and processing profits slump by 56.5% in H1
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It is reported that the profits of major large and medium-size enterprises in China totaled RMB 2.3117 trillion in the first half of this year, down 2.2% year on year.
In June alone, the profits of the enterprises in question amounted to RMB 468.2 billion, falling by 1.7% in comparison of that in the same period of a year earlier.
Profits recorded in 27 out of 41 industrial sectors in China reported growth in the given period.
However, the overall profits of the domestic ferrous metal mining and processing industry alone fell by 56.5% year on year.
News Date
7/30/2012 10:41:37 AM
reported by
Ren Jhuang
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