Profits of China's state-owned enterprises (SOEs) hit 1.44 trillion yuan (216.4 billion U.S. dollars) in the first nine months, up 46.2 percent year on year, figures released Tuesday by the Ministry of Finance show.
Business revenue totaled 21.9 trillion yuan in the period, up 35.3 percent from a year earlier. The figure for September alone was 5 percent higher than the August level.
