China's SEOs operating revenue hit USD1.8t in H1


(MENAFN) According to reports by Chinese regulators, centrally-administrated state-run enterprises (SOEs) showed a strong performance in the first six month of the year, Xinhua reported.

The SEOs have witnessed a steady growth of profitability, particularly in the second quarter of the year, the state-owned Assets Supervision and Administration Commission said.

In the January-June period of the current year, SEOs announced posting operating revenue of USD1.8 trillion. Meanwhile, the enterprises' profits reached USD104.98 billion in the cited period.


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