Profits of China's central SOEs surge in Q1

0 Comment(s)Print E-mail Xinhua, April 13, 2017
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Combined net profits of China's centrally administered state-owned enterprises (SOEs) soared 26.5 percent in the first quarter to 226.42 billion yuan (33 billion U.S. dollars), the state assets regulator said Thursday.

Among 102 central SOEs, 99 made profits in the first three months, according to a report from the State-owned Assets Supervision and Administration Commission.

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