(MENAFN) According to the National Bureau of Statistics (NBS), China's major industrial firms' profits declined 0.3 percent in June, down from 0.6 percent growth in May, Xinhua reported.
Profits at industrial companies with annual revenues of more than USD3.27 million totaled USD96.1 billion last month over the previous month, the NBS revealed data showed.
Industrial profits of these firms reached USD463.69 billion in the first half of the year, down 0.7 percent. The decline narrowed 0.1 percent from the rate seen in the January-May period.
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