Profits of China's 135 central-administered State-owned enterprises (SOEs) fell 13.7 percent in the first nine months from the same period a year ago, according to the State-owned Assets Supervision and Administration Commission.
The profits totaled 551.96 billion yuan ($81.17 billion) in the January-September period. The decline rate was 2.7 percentage points lower than that for the first eight months.
Their business revenue was 8.67 trillion yuan, down 2.9 percent year-on-year, 1.7 percentage points lower than that for the first eight months.
The enterprises paid taxes of 804.65 billion yuan, up 5.3 percent year-on-year.
