China December industrial profits up 17.3 percent on year

BEIJING (Reuters) - Profits earned by China's industrial companies rose 17.3 percent in December from a year earlier to 895.2 billion yuan ($143.91 billion), moderating from November's 22.8 percent increase, China's National Bureau of Statistics said on Sunday.

Industrial profits totaled 5.56 trillion yuan in 2012, up 5.3 percent from a year earlier, the bureau said in a statement published on its website, www.stats.gov.cn

(Reporting By Xiaoyi Shao and Lucy Hornby)

Source: http://news.yahoo.com/china-december-industrial-profits-17-3-percent-014221558--business.html

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