BEIJING - Profits of China's major industrial firms increased 0.9 percent year-on-year in the first eight months of 2025, reversing the 1.7 percent decline in the January-July period, official data showed Saturday.

Industrial firms with an annual main business revenue of at least 20 million yuan ($2.81 million) saw their combined profits totalling nearly 4.7 trillion yuan during the eight-month period, according to the National Bureau of Statistics.

In August, profits of major industrial firms recovered remarkably, rising 20.4 percent from the same period last year, compared with a 1.5 percent drop in July. Their business revenue expanded 1.9 percent year-on-year, one percentage point faster than the previous month, the data showed.