(Yicai Global) Oct. 27 -- Reviving economic activity lifted the profits of Chinese large industrial companies 15.9 percent per year in the third quarter in growth that expanded 11.1 percentage points from the second quarter.
Chinese large industrial companies narrowed the decrease rate of profits 2 percentage points to 2.4 percent for the first nine months, as against the first eight months.

Among the 41 major industrial sectors, 31 increased their annual profits, a rise of six from the second quarter. The auto making sector, with 53.8 percent growth, and the non-ferrous metal smelting and rolling processing industry, with a 52.0 percent increase, had the most in newly added profits.

Editor: Ben Armour