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PROFITS OF CHINA'S SOES UP 8.9% IN 1ST 4 MONTHS.
BEIJING, June 1 Asia Pulse - A total of 454 state-owned key enterprises generated 259.09 billion yuan (US$32.3 billion) in profit in the first four months of this year, up 8.9 per cent year-on-year, the growth was 2.3 percentage points higher than that in the first quarter, according to figures of the National Bureau of Statistics.
By sector, the petrochemical sector ranked first with profit reaching 99.34 billion yuan, up 28.3 per cent, the growth was 19.4 percentage points higher than the average level of key enterprises; the growth of profit of the auto making, building materials, machine-building, power, non-ferrous metal, ...
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Source: HighBeam Research, PROFITS OF CHINA'S SOES UP 8.9% IN 1ST 4 MONTHS.