July 23, 2020 / 9:35 AM / 13 days ago

China state-owned firms' first half profits down 38.8% year-on-year - ministry

FILE PHOTO: A worker is seen on a crane at a construction site in front of Lujiazui financial district, following the coronavirus disease (COVID-19) outbreak, in Shanghai, China July 16 2020. REUTERS/Aly Song

BEIJING (Reuters) - Profits at China’s state-owned firms in the January-June period fell 38.8% year on year to 1.12 trillion yuan (125.9 billion pounds), the Finance Ministry said in a statement on Thursday.

Reporting by Lusha Zhang and Kevin Yao; editing by Jason Neely

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below