Chinese SOEs maintain profit growth

Source: Xinhua | 2019-04-24

Profits of Chinese state-owned enterprises (SOEs) maintained stable growth in the first quarter of 2019, official data showed Tuesday.
The combined profits of the SOEs rose 15.6 percent year on year to 819.77 billion yuan (about 122 billion U.S. dollars) for the January-March period, the Ministry of Finance said on its website.