From January to May, Internet and related service companies in China completed 585 billion yuan in Internet business revenue, an increase of 1.8 percent over the same period last year, down 0.9 percent from January to April, according to the Ministry of Industry and Information Technology. From January to May, the operating cost of China's Internet enterprises above scale increased by 5.7% compared with the same period last year, which was 1.3 percentage points lower than that in January-April. The total profit realized was 49.52 billion yuan, down 14.8% from the same period last year, which was 10.6% lower than that in January-April.
工信部:1-5月规模以上互联网企业完成业务收入5850亿元,同比增长1.8%
Ministry of Industry and Information Technology: the business income of Internet enterprises above scale from January to May was 585 billion yuan, an increase of 1.8% over the same period last year.
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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