Posted inChina

China’s key SOEs record double-digit net profit growth

In 2018, the operating income and net profit of the key state-owned enterprises (SOEs) achieved double-digit growth of 10.1% and 15.7%, respectively, from a year earlier, The Beijing News reported. Peng Hua, the secretary-general of the State-owned Assets Supervision and Administration Commission (SASAC), told a press conference in Beijing that the key SOEs had achieved a […]