Shenzhen-listed firms report growth in revenue, net profits

0 Comment(s)Print E-mail Xinhua, October 31, 2019
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BEIJING, Oct. 31 (Xinhua) -- Listed firms on the Shenzhen Stock Exchange posted growth in both revenue and net profits during the first three quarters of the year despite changing domestic and global economic situations, the bourse said Thursday.

Out of the 2,188 listed companies on the bourse, 2,187 had disclosed their financial information as of Oct. 31. Nine out of 10 firms made profits, with 476 seeing their net profits soar by over 50 percent year on year.

During the period, revenue of the Shenzhen-listed firms surged by 7.82 percent year on year to 9.3 trillion yuan (about 1.32 trillion U.S. dollars), data showed.

Net profits of the firms totaled 643.3 billion yuan, up 2.79 percent year on year, said the bourse. Enditem

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