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Home / Metal News / Profits of State-owned Companies Rising 20%, Steel and Nonferrous Industry Continues to Gain
Profits of State-owned Companies Rising 20%, Steel and Nonferrous Industry Continues to Gain
Unprofitable industries of the same period last year like steel and nonferrous continued to gain.
SHANGHAI, Sept. 27 (SMM)－According to the economic situation of national state-owned and state-controlled enterprises from January to August released by Asset Management Division of the Ministry of Finance on 26th, from January to August this year, the economic situation of national state-owned and state-controlled enterprises developed smoothly up. Income and profits of state-owned enterprises continued to increase in a fast pace. The growing rate of profit is higher than income by 6.2%. Unprofitable industries of the same period last year like steel and nonferrous continued to gain.
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Nonferrous Industry
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