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Economy

Profits of Chinese SOEs surge 40.2 pct in Jan.-Nov.

December 24, 2021


Abstract : The combined profits of China's state-owned enterprises (SOEs) surged 40.2 percent year on year to over 4.14 trillion yuan (about 650.5 billion U.S. dollars) in the first 11 months of the year, official data showed on Friday.

BEIJING, Dec. 24 (Xinhua) -- The combined profits of China's state-owned enterprises (SOEs) surged 40.2 percent year on year to over 4.14 trillion yuan (about 650.5 billion U.S. dollars) in the first 11 months of the year, official data showed on Friday.

The SOEs saw their operating revenue rise 21.4 percent from a year earlier to 67.34 trillion yuan during the period, according to the Ministry of Finance. Enditem

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Keyword: SOEs

Reading:

Net profits of China's central SOEs hit 1.75 trln yuan in Jan-Nov

China Focus: China's energy crunch eases amid all-out efforts to boost supply

State councilor urges central SOEs to ensure power supply

Chinese SOEs see profits surge 55.4 pct in Jan-Sept

Profits of China's central SOEs rise 65.6 pct in Jan.-Sept.

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