• Refine News & Events…
  • Department
  • Commodity (All)
  • Date
  • Archive

Links to previous press releases are below.

News X

Profits Fall at Chinese State Owned Companies


Profits at Chinese state owned companies fell by 6.6% year-on-year in January-August to 1.6 trillion yuan ($251 billion), according to finance ministry data reported by Reuters. This compares with a drop of 2.3% in the first seven months of the year. Profits in the petrochemical, oil and construction sectors fell in January-August while losses continued in the steel, coal and non-ferrous metal sectors.