LINE

    Text:AAAPrint
    Economy

    China's listed firms report higher profits in H1

    1
    2018-06-06 13:37:10Xinhua Editor : Gu Liping ECNS App Download

    Listed companies in China reported higher profits in the first half of 2018 on booming industry growth, the China Securities Journal reported.

    By June 5, 1,116 companies had released their interim result forecasts, 769 of which expected higher profits, the newspaper said, citing data from financial information provider Wind.

    Among them, 153 companies forecast profits more than double those in the first half of this year.

    In general, listed firms in the A-share market sustained relatively high profitability in the first half.

    The better performance was attributed to expansionary main businesses, price rises, and industry recovery and restructuring.

    The improvement in corporate profits came amid a solid economic expansion in the first three months, when the Chinese economy maintained its resilience of the last year with 6.8-percent year-on-year growth.

    In 2017, China's GDP logged 6.9-percent growth, picking up the pace for the first time in seven years.

      

    Related news

    MorePhoto

    Most popular in 24h

    MoreTop news

    MoreVideo

    News
    Politics
    Business
    Society
    Culture
    Military
    Sci-tech
    Entertainment
    Sports
    Odd
    Features
    Biz
    Economy
    Travel
    Travel News
    Travel Types
    Events
    Food
    Hotel
    Bar & Club
    Architecture
    Gallery
    Photo
    CNS Photo
    Video
    Video
    Learning Chinese
    Learn About China
    Social Chinese
    Business Chinese
    Buzz Words
    Bilingual
    Resources
    ECNS Wire
    Special Coverage
    Infographics
    Voices
    LINE
    Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
    Copyright ?1999-2018 Chinanews.com. All rights reserved.
    Reproduction in whole or in part without permission is prohibited.
    主站蜘蛛池模板: 三都| 正宁县| 马龙县| 英山县| 诸暨市| 河东区| 弋阳县| 扶绥县| 曲阳县| 淄博市| 滦南县| 同江市| 东山县| 中山市| 清新县| 乐昌市| 普宁市| 汶川县| 平顶山市| 东源县| 淮滨县| 凉城县| 吴桥县| 安塞县| 彭州市| 定陶县| 吕梁市| 克拉玛依市| 嘉义县| 祁阳县| 大宁县| 商河县| 玛曲县| 滨海县| 上林县| 那曲县| 客服| 东光县| 兰溪市| 盖州市| 南乐县|