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China Industrial Companies’ Profit Falls 1.3% in First Quarter

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April 27 (Bloomberg) -- Chinese industrial companies’ profit dropped 1.3 percent in the first quarter from a year earlier, the National Bureau of Statistics said on its website today.

Net income dropped 5.2 percent in the first two months of 2012, the bureau said in March.

To contact the editor responsible for this story: Scott Lanman at slanman@bloomberg.net

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