Business / Biz Photos

Top 10 companies receiving most subsidies

Updated: 2014-04-24 15:28 (chinadaily.com.cn)
Comments
No 7, Shanghai Electric

Shanghai Electric Group Co Ltd, one of the largest energy equipment manufacturing conglomerates in China, reported a net profit of 2.46 billion yuan. It received 760 million yuan subsidy from the government.

The company's net income fell by 9.48 percent year-on-year, but the slowdown was mainly due to an asset impairment loss of 1.26 billion yuan, primarily due to inventory devaluation.

Top 10 companies receiving most subsidies

A wind turbine model of Shanghai Electric Group Co Ltd is displayed in Shanghai on May 30, 2012. [Photo/dfic.cn]

Top 10 companies receiving most subsidies
Top 10 Chinese IT firms eyeing IPOs in US
Top 10 companies receiving most subsidies
Top 10 Chinese car maker moves 
Top 10 companies receiving most subsidies
Top 10 Chinese smartphone makers 

Photo
8.03K
...
...