China's industrial profit more than doubled in Q1

The tobacco industry saw a 10.6-percent decline in profits.

Core business revenues of the companies reached 11.58 trillion yuan in the first three months, up 39.6 percent from a year earlier. The growth rate was 1.5 percentage points down from that of the first two months.

The 24 regions comprise all of China's provinces, municipalities, and autonomous regions except Inner Mongolia and Tibet autonomous regions, and Hunan, Guangdong, Hainan and Yunnan provinces, and Chongqing.