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  • 【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


  • High investments squeeze BMW profits

    BMW may have sold more cars in the second quarter, but it fell short in terms of profit.

    August02,2019


  • Chinese SOEs maintain steady profit growth in H1

    Profits of Chinese state-owned enterprises (SOEs) grew steadily in the first half of 2019, official data showed Tuesday.

    July24,2019


  • China steel firms see falling profits in Q1

    Major Chinese steel manufacturers reported sharp profit declines in the first quarter of 2019 as falling steel prices eroded profit margins.

    April26,2019


  • China Life Insurance profits surge 93 pct in Q1

    China Life Insurance Co., one of the country's biggest insurers, said Thursday that its net profits soared 92.6 percent year-on-year during the first quarter of 2019.

    April26,2019


  • ICBC profits up 4.1 pct in 2018

    The Industrial and Commercial Bank of China (ICBC), China's biggest commercial lender, on Thursday reported a net profit increase of 4.1 percent last year.

    March29,2019


  • China Securities Co. reports profits down over 20 pct

    China Securities Co. said on Tuesday that its net profits fell 23.11 percent year-on-year to 3.09 billion yuan (about 461 million U.S. dollars) in 2018, largely due to its sluggish wealth-management sector.

    March19,2019


  • China's industrial profits up 14.7 pct in first nine months

    China's major industrial firms recorded slowed profit growth in the first nine months of this year, but their efficiency improved with higher profitability and lower costs, data showed Saturday.

    October29,2018


  • China's industrial profits up 14.7 pct in first nine months

    China's major industrial firms recorded slowed profit growth in the first nine months of this year, but their efficiency improved with higher profitability and lower costs, data showed Saturday.

    October29,2018


  • China's industrial profits up 17.1 pct in Jan.-July

    Profits of China's major industrial firms grew 17.1 percent in the first seven months of 2018, slightly down from the 17.2-percent expansion for the January-June period, official data showed Monday.

    August28,2018


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