27 September 2025 | 1:55PM HKT Economics Research China: Industrial profits increased notably in August Bottom line: China's industrial profits and revenue increased by 18.8% yoy and 2.3% yoy, respectively, in August (vs. -1.1% yoy and +1.0% yoy in July). In sequential terms, industrial profits increased by 8.0% sa non-annualized (vs. -1.1% in July), while revenue remained roughly flat (vs. -0.3% in July). Key numbers: Industrial profits: +18.8% yoy in August (sequential growth: +8.0% non-annualized, season ...