Fri, 03 Dec 2021

Profits of Chinese SOEs up 47.6 pct in Jan.-Oct.

25 Nov 2021, 13:18 GMT+10

© Provided by Xinhua

BEIJING, Nov. 25 (Xinhua) -- The combined profits of China's state-owned enterprises (SOEs) rose 47.6 percent year on year to over 3.8 trillion yuan (about 594 billion U.S. dollars) in the first 10 months of this year, official data showed Thursday.

During the period, the SOEs saw their operating revenue up 22.1 percent year on year to around 60.4 trillion yuan, according to the Ministry of Finance.

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