Among the 648 listed firms that disclosed their estimates of their first half performance, 525, or over 70 percent, said they expected to report profits, the China Securities Journal reported Tuesday.
These profitable companies were concentrated in mechanical equipment, electronic components, chemicals, nonferrous metals, and real estate industries.
About 100 listed companies forecast over 100 percent year-on-year growth in the first half-year performance, and 10 companies even expected growth of more than 10 times.
Good performance anticipation of listed companies in the first half of the year was a sharp contrast to China's stock market.
China's A-share stock market lost 2.5 trillion yuan by June 25, as the benchmark Shanghai Composite Index fell more than 700 points, or 22 percent, from the beginning of this year, the China National Radio reported Monday.
