Chinese SOEs' After-Tax Profits Grew 7.4% in Eight Months(Yicai Global) Sept. 26 -- China's state-owned enterprises reported total profit after tax of CNY1.82 trillion (USD 158.3 billion) over the first eight months, an annual 7.4 percent rise, data from the country's Ministry Finance show.
Net profits were CNY1.11 trillion. SOEs gained gross revenues of CNY38.12 trillion in the period, 7.4 percent higher than the year before.
Editor: Ben Armour
