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<Econ> Mainland China's State-owned and State-controlled Enterprises Revenue Up 0.2% YoY in First Two Months; Total Profit Down 2%
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The Ministry of Finance of China released data showing that in the first two months of this year, the total operating revenue of state-owned enterprises was RMB12.57 trillion, representing a year-on-year increase of 0.2%. The total profit was RMB626.62 billion, down 2% year-on-year. As of the end of February, the asset-liability ratio of state-owned enterprises was 65.4%, up 0.5 percentage points year-on-year. (ta/u) Auto-translated by third-party software This translation was auto-generated by third-party software. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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