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  • Chinese commercial banks see profits up 3.2 pct in 2023

    China's commercial banks reported a profit growth of 3.2 percent in 2023, data from the banking regulator showed on Wednesday.

    February22,2024


  • China's textile industry profits up 7.2 pct in 2023

    Total profits of China's major textile enterprises rose 7.2 percent year on year in 2023, official data showed.

    February04,2024


  • China's industrial enterprises continue steady recovery in October

    China's industrial enterprises continued to see steady recovery in October as their combined profits increased for a third straight month, official data showed Monday.

    November27,2023


  • Nearly 90 pct of firms listed on Beijing bourse make profits in Q3

    Nearly 90 percent of the companies listed on the Beijing Stock Exchange made profits in the third quarter of the year, according to data from the Beijing bourse.

    November06,2023


  • China's software sector logs rapid growth in January-July

    China's software and information technology service industry maintained double-digit growth in revenue and profits in the first seven months of the year, official data showed.

    September04,2023


  • Tencent reports rising revenues, net profits in Q4 of 2022

    Chinese internet giant Tencent has reported year-on-year increases in its revenue and net profit during the fourth quarter of 2022, despite drops in its annual earnings.

    March23,2023


  • China's major furniture makers see profits rise in 2022

    Total profits of China's major furniture manufacturers expanded 7.9 percent in 2022, official data showed.

    February06,2023


  • China's commercial banks' profits to rise 8 pct in Q3

    China's commercial banks are expected to see profits rise 8 percent year on year in the third quarter of 2022, according to a report issued Tuesday by the Bank of China Research Institute.

    July05,2022


  • Update: Profits of Chinese SOEs rise 7 pct in Q1

    The combined profits of China's state-owned enterprises (SOEs) rose 7 percent year on year to nearly 1.02 trillion yuan (about 155.5 billion U.S. dollars) in the first quarter of the year, official data showed on Tuesday.

    April27,2022


  • 【Financial Str. Release】Profits of Chinese SOEs surge in Jan.-May

    The combined profits of China's state-owned enterprises (SOEs) surged 170 percent year on year to 1.79 trillion yuan (about 277 billion U.S. dollars) in the first five months of 2021, official data showed Wednesday.

    June24,2021


  • China's battery giant reports robust profits in 2020

    Contemporary Amperex Technology Co., Ltd. (CATL), China's largest automotive lithium-ion battery maker, posted strong profit growth in 2020 despite the COVID-19 epidemic.

    April29,2021


  • China's battery makers report higher profits in Jan.-Oct.

    China's major battery manufacturers reported lower revenues but higher profits in the first 10 months of the year, official data shows.

    December14,2020


  • Profits, revenues of Chinese SOEs continue to rise in August

    Profits and revenues of China's state-owned enterprises (SOEs) and state-controlled firms continued to post year-on-year growth in August, the Ministry of Finance said Wednesday.

    September23,2020


  • Chinese automakers' profits down 5.9 pct in Jan-July

    China's auto manufacturing sector saw the decline in its profits narrow in the first seven months of 2020 as the auto market maintained recovery momentum, industry data showed.

    August28,2020


  • Profits of Chinese SOEs continue to rise in July

    Profits and revenues of China's state-owned and state-controlled enterprises (SOEs) continued to post year-on-year growth in July, the Ministry of Finance said Wednesday.

    August27,2020


  • Chinese SOE profits bounce back in June

    Profits and revenues of China's state-owned and state-controlled enterprises (SOEs) posted this year's first year-on-year growth in June, the Ministry of Finance said on Thursday.

    July24,2020


  • Adidas posts strong 2019 results, but coronavirus impact looms

    German sportswear giant Adidas posted gains in 2019, with revenues adjusted for currency effects up 6 per cent on the previous year to 23.64 billion euros (26.77 billion dollars).

    March13,2020


  • Economic Watch: China's high-tech manufacturing sector sees better profits

    China's high-tech manufacturing industry saw improving profitability during the first 10 months of the year, reflecting the country's achievement in industrial upgrading and economic restructuring.

    November28,2019


  • China heavy equipment maker Sany reports profit surge in H1

    China's leading heavy equipment manufacturer Sany Heavy Industry Co., Ltd. reported a 99.14-percent annual growth in net profit in the first half of 2019 amid booming market demand.

    August30,2019


  • Siemens reports lower profits in Q3 citing geopolitical tensions

    German industrial manufacturing giant Siemens sees geopolitical clouds on the horizon, despite a general willingness to invest, chief executive Joe Kaeser said from company headquarters in Munich on Thursday.

    August02,2019


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