Sunday, February 28, 2021
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Tag: Profits

State-owned Enterprise Profits Up 47.6% for January-September

Chinese enterprises above designated size and state-owned enterprises have posted robust year-on-year profit growth for the first nine months of 2017. According to the latest...

China’s Top 500 Companies See Asset-Profit Ratios Drop to 10 Year Low

The asset-profit ratios of China's top 500 companies have fallen to a decade-long low as asset expansion outpaces growth in revenues. The latest "2017 China...

Large-scale Industrial Enterprises See 22% YoY Growth in H1 Profits

The latest official data points to a sizeable increase in total profits realised by China's large-scale industrial enterprises, with state-owned enterprises leading growth. Figures from...

Industrial Enterprise Profits Lift Over 22% for January – May Period

The total profits of national-scale industrial enterprises in China for the January to May period has risen over 22% compared to the same period...

Industrial Profits Return to Robust Growth

Chinese industrial profits saw robust growth for the first four months of 2017, with enterprise productivity indices also posting improvements. The latest data released by China's...

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Xi Jinping Hails “Complete Victory” in China’s Efforts to Eradicate Extreme Poverty

Chinese President Xi Jinping has publicly hailed the success of China's efforts to eradicate extreme poverty in the country's rural countryside.

Ant Group Plans to Merge Huge Micro-Loan Business with New Consumer Finance Unit: Sources

Chinese fintech giant Ant Group reportedly plans to incorporate its highly lucrative micro-loan operations into a new consumer finance unit, in order...

World’s Biggest Bank to Welcome 30 Year Veteran of China Construction Bank as President

China and the world's biggest bank in terms of assets is set to welcome a 30-year veteran of another big state-owned lender...

Tencent Cloud Helps Guangzhou Rural Commercial Bank to Create Full Stack Financial Cloud Platform

The cloud subsidiary of tech giant Tencent has helped one of the leading regional banks in Guangdong province to develop its own...