BEIJING (Reuters) – Net profits at China’s central government owned firms in January-April rose 5.6% from a year earlier, data from the State-owned Assets Supervision and Administration Commission showed on Wednesday.
That has slowed from a 13.7% growth in the first three months this year as China’s economy was hit hard by the stringent virus curbs in April.
(Reporting by Ellen Zhang and Ryan Woo; Editing by Toby Chopra)
