SOEs鈥 profit falls
Print Edition
THE combined profit at China’s state-owned enterprises fell 2.3 percent to 1.41 trillion yuan (US$220 billion) in the first seven months of the year, the Ministry of Finance said yesterday.
The decline worsened from a 0.1 percent drop in the first six months, and trailed a 9.2 percent growth during the same period of last year, the ministry said in a statement.
Steel and coal industries suffered losses in July, while the nonferrous metal industry extended its losses in the January-July period, the ministry said.
The statement also pointed out that transport, electronics and chemical sectors posted strong gains in profit, while the petroleum and natural gas companies suffered a huge drop in profit in the first seven months.
Total business revenues at the SOEs shed 6.1 percent year on year to 25.36 trillion yuan in the January-July period. Operating costs sank 5.6 percent to 24.61 trillion yuan, according to the ministry.
- 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.
