Ministry of Finance: State-owned Enterprises Gain 15.4% Growth in Revenues, Nonferrous & Steel Industry Outperforms

Industry News 09:58AM Nov 21, 2017 Source:SMM

SHANGHAI, Nov.21 (SMM)-During January to October 2017, total revenues of state-owned enterprises reaches 41997.6 billion yuan, rising 15.4% on yearly basis. Total profits reaches 2385.86 billion yuan, up 24.6% on yearly basis. Nonferrous, steel, coal, petroleum and petrochemical industries gain a greater growth in profits. Power industry has a greater drop in profits.


The article is edited by SMM and is provided for information purpose only. It does not mean SMM agrees with its views and SMM assumes no liability for accuracy of information contained or quoted in the article.

Key Words:  profits   revenues   industry 

Ministry of Finance: State-owned Enterprises Gain 15.4% Growth in Revenues, Nonferrous & Steel Industry Outperforms

Industry News 09:58AM Nov 21, 2017 Source:SMM

SHANGHAI, Nov.21 (SMM)-During January to October 2017, total revenues of state-owned enterprises reaches 41997.6 billion yuan, rising 15.4% on yearly basis. Total profits reaches 2385.86 billion yuan, up 24.6% on yearly basis. Nonferrous, steel, coal, petroleum and petrochemical industries gain a greater growth in profits. Power industry has a greater drop in profits.


The article is edited by SMM and is provided for information purpose only. It does not mean SMM agrees with its views and SMM assumes no liability for accuracy of information contained or quoted in the article.

Key Words:  profits   revenues   industry