Listed firms total income jump 41%
By Winny Wang |
September 1, 2010, Wednesday
|
Print Edition
Print Edition
TOTAL income of 1,947 companies listed on the Chinese mainland jumped 41.17 percent in the first half of this year, and 390 of them have estimated that their profit would grow in the first three quarters in their preliminary reports.
They earned a combined 785 billion yuan (US$115 billion) in net profit in the first six months and their revenue grew 42.23 percent to 7.9 trillion yuan, taking up 46 percent of China's gross domestic product in the period, data compiled by Shanghai Securities News showed.
Investment returns made by the companies fell 16.21 percent in the first half, reflecting that their profits were generated from mainly their core business, the newspaper said.
In the second quarter, listed firms saw their profit rise by a slower pace of 9.74 percent from the previous quarter to 354.5 billion yuan, and analysts predicted an easing in income growth of the companies in the second half of this year.
Meanwhile, 714 listed firms reported their preliminary results for the first three quarters, with 390 of them estimating profit growth, according to Wind Information.
They earned a combined 785 billion yuan (US$115 billion) in net profit in the first six months and their revenue grew 42.23 percent to 7.9 trillion yuan, taking up 46 percent of China's gross domestic product in the period, data compiled by Shanghai Securities News showed.
Investment returns made by the companies fell 16.21 percent in the first half, reflecting that their profits were generated from mainly their core business, the newspaper said.
In the second quarter, listed firms saw their profit rise by a slower pace of 9.74 percent from the previous quarter to 354.5 billion yuan, and analysts predicted an easing in income growth of the companies in the second half of this year.
Meanwhile, 714 listed firms reported their preliminary results for the first three quarters, with 390 of them estimating profit growth, according to Wind Information.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
