Industrial enterprise profits increased by 15.2% year-on-year in the first two months, with cumulative costs declining for the first time since 2022.

WealthCoffee · 2026-03-29T05:34:43+00:00

In the first two months of 2026, profits of industrial enterprises above designated size increased by 15.2% year-on-year, significantly higher than the full-year growth rate of 2025. This was mainly driven by accelerated industrial production and a rebound in product prices, with operating revenue up by 5.2% year-on-year.

WealthCoffee

2026-03-29 05:34:43

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[Caixin] Affected by accelerated industrial production and improvements in the PPI (Producer Price Index), profits of large-scale industrial enterprises in the first two months of 2026 increased by 15.2% year-on-year, with a significant acceleration compared to the previous year.

The data released by the National Bureau of Statistics on March 27, 2026, shows that from January to February, the total profit of large-scale industrial enterprises nationwide reached 1,024.56 billion yuan, a year-on-year increase of 15.2% on a comparable basis, exceeding the annual rate of 14.6 percentage points in 2025.

Yu Weining, Chief Statistician of the Industrial Department of the National Bureau of Statistics, stated that the combined effect of accelerated production and the recovery of product prices has significantly boosted revenue growth in the first two months, creating favorable conditions for the recovery of corporate profits. In the first two months of 2026, the revenue of large-scale industrial enterprises increased by 5.2% year-on-year, accelerating by 4.2 percentage points compared to the previous year’s annual growth.

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