China’s refining and coking industry swung to a profit of 71.2 billion yuan ($10.4 billion) in the first eight months from a loss of 94.2 billion yuan a year earlier, the Chinese government said.

The oil and gas exploration industry had a profit decline of 68.5
percent while the coal mining industry saw a profit drop of 11.8
percent, data from the National Bureau of Statistics showed today.

The power industry posted a surge of almost threefold in profit, according to the bureau, without giving profit figures.

Source: Bloomberg

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