Page 3 - லாஸ் ஏஞ்சல்ஸ் மெட்ரோ News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Central SOEs bask in H1 profit glory By ZHONG NAN in Beijing and LIU MINGTAI in Changchun | CHINA DAILY | Updated: 2021-07-15 07:12 A high-speed train production line of China Railway Rolling Stock Corp in Qingdao, Shandong province. [Photo/Xinhua] For the first time in history, half-yearly net profits of centrally administered State-owned enterprises, or central SOEs, exceeded 1 trillion yuan ($155 billion) in the first half of this year. Net profits soared by 133.3 percent year-on-year to 1.02 trillion yuan on combined revenues of 17.1 trillion yuan, up 28.2 percent year-on-year, data from the State Council s State-owned Assets Supervision and Administration Commission, or SASAC, showed late on Tuesday.

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