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

Published: Nov 21, 2017 09:58

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During January to October 2017, total revenues of state-owned enterprises reaches 41997.6 billion yuan, rising 15.4% on yearly basis.

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.

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