share
 

Chinese SOEs report revenue increase in first eight months

0 Comment(s)Print E-mail Xinhua, October 3, 2024
Adjust font size:

China's state-owned enterprises (SOEs) reported a 1.4 percent year-on-year increase in revenues from January to August this year, according to the Ministry of Finance.

Their combined revenues totaled around 53.81 trillion yuan (about $7.56 trillion) during this period.

Combined profits dropped 2.1 percent to about 2.88 trillion yuan from the same period a year ago, the data showed.

SOEs saw their debt-to-asset ratio stand at 64.9 percent at the end of August, according to the finance ministry.

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter