Tuesday, December 25, 2007

Learn Mandarin online - Finance: Listed companies profit up 8.6%

BIZCHINA / Biz Media Digest

Finance: Listed companies profit up 8.6%
(Xinhua)
Updated: 2006-08-17 10:41

Total net profits at approximately 540 Chinese listed companies reached
42.7 billion yuan (5.34 billion U.S. dollars) in the first half year,
surging 8.6 percent over the same period last year, according to
calculations made from half-yearly reports published up to Tuesday.

The statistics compiled by Wind Information, a consulting company that
tracks stock investment in China, are based on the half-yearly reports of
more than 540 companies, nearly half the 1,340 listed companies in the
country. 494 of them were profitable.

(For more biz stories, please visit Industry Updates)

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