China's industrial companies of national scale or above saw total profits increase 3.2% year-on-year in January-September: Chinese media

According to the National Bureau of Statistics, the total profits of industrial enterprises of national scale or larger (enterprises with annual main operating revenues of 20 million yen or more) from January to September increased by 3.2% compared to the same period last year.
By company, state-owned enterprises recorded a 0.3% decrease to 1,702.18 billion former (approximately 36.5 trillion yen), while joint-stock companies recorded a 0.3% decrease to 1,702.18 billion former (approximately 36.5 trillion yen).
increased by 2.8% to 3,992.35 billion former (approximately 85.7 trillion yen), foreign and Hong Kong, Macau and Taiwan-invested enterprises increased by 4.9% to 1,350.97 billion former (approximately 29 trillion yen), and
The total profits of the three major sectors were as follows: mining, down 29.3% to 636.92 billion former (approximately 13 trillion yen);
700 billion yen), manufacturing increased by 9.9% to 4.6718 trillion yen (approximately 87.3 trillion yen), and the production and supply of electricity, thermal energy, gas and water increased by 10.3% to 669.1 billion yen (
During the same period, the operating income of industrial enterprises of a national scale or larger increased by 2.4% to 102.8 trillion yen (approximately 2,191.1 trillion yen), and the operating costs increased by 2.6% to 102.8 trillion yen (approximately 2,191.1 trillion yen).
Operating profit margin was 5.26%, up 0.04 percentage points from the same period last year.
Meanwhile, profits for industrial companies of a national scale or larger in September increased 21.6% compared to the same month last year.