Steel was one of the industries to benefit from a construction boom, helping company profits rise. Photo: Reuters Steel was one of the industries to benefit from a construction boom, helping company profits rise. Photo: Reuters
Steel was one of the industries to benefit from a construction boom, helping company profits rise. Photo: Reuters
China economy

China company profits rise in sign of good news for economy

Industrial firms report a 16.7 per cent rise in combined profits in May, helped by a construction boom, putting country on track to meet growth target

Topic |   China economy
Steel was one of the industries to benefit from a construction boom, helping company profits rise. Photo: Reuters Steel was one of the industries to benefit from a construction boom, helping company profits rise. Photo: Reuters
Steel was one of the industries to benefit from a construction boom, helping company profits rise. Photo: Reuters
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