OREANDA-NEWS. Anhui's industrial profits stood at 79.3 billion yuan (USD 13 billion) between January and August, up 18.1 percent year-on-year, the provincial bureau of statistics said.

The rise was 17.9 and 6.3 percentage points higher than that of last year and the first half of this year, respectively.

From January to August, large industrial enterprises reaped profits of 22.6 billion yuan, up 8.4 percent from the same period a year ago. Their profits had kept edging down since 2012, with a 35 percent plunge for the Jan-Aug period of 2012 and a 5.3 percent dip for the first half of 2013.

Meanwhile, large enterprises running at a loss posted a 26.8 percent drop in losses.

In breakdown, computer, communications and electronic equipment firms collectively reported a 58.8 percent year-on-year increase in profits, automakers saw profits up 46.8 percent, nonmetallic mineral businesses up 25.4 percent and agricultural product processing plants up 21.5 percent.

Profits of state-owned enterprises, joint-stock companies and foreign-funded corporations rose 10 percent, 13.8 percent and 37.9 percent year-on-year, respectively. Private firms did best by making up 70.9 percent of the province’s total profits, or 56.2 billion yuan. The figure was up 19 percent from a year ago.

However, coal enterprises posted a 2.1 billion-yuan loss, compared with profits of 4.3 billion yuan for the last Jan-Aug period.