Make me your Homepage
left corner left corner
China Daily Website

Central SOEs' profits up 14.4%

Updated: 2013-11-08 14:59
( Xinhua)

BEIJING -- China's 113 state-owned enterprises administered by the State-owned Assets Supervision and Administration Commission posted a 14.4-percent increase in net profits in the first three quarters.

The net profits of central SOEs amounted to 992.7 billion yuan ($161.5 billion) during the period, SASAC said Friday in an email to Xinhua.

Total revenues of central SOEs during the first nine months of 2013 rose 9.6 percent year-on-year to hit 17.6 trillion yuan.