(MENAFN- Asia Times)
As of Sunday, 1,225 publicly listed firms have released their performance notices for the first three quarters, with 75% of them, some 937 companies, reporting positive outcomes, according to Wind Terminal and reported by .
The 937 companies expect growth in revenue and profit and mainly come from the industries of steel, transportation, light manufacturing and non-ferrous metals.
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In the food and beverage, real estate and financial industry, only 60% of the companies are seeing positive performances.
The public utilities and leisure services sectors, meanwhile, are reportedly a bit sluggish, with less than half of the firms expecting positive performances.
As for small and medium companies, as well as start-ups who have released their Q3 performance reports, mergers and acquisitions continue to be the main driver of their growth.
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