The net profit of China's central state-owned enterprises (SOEs) is estimated to have reached 82.11 billion yuan in April, surpassing the 80-billion-yuan mark for the first time in 2011.
Meanwhile, the central SOEs, which refer to those state-owned enterprises administered by China's central government, realized a combined net profit of 290.69 billion yuan during the January-April period, increasing by 18.2 percent year-on-year in the first four months, according to statistics issued by State-owned Assets Supervision and Administration Commission on May 23.
The statistics also show that the revenues of the central SOEs rose 24.1 percent year-on-year to 6.08 trillion yuan from January to April. Out of that total, the net profit belonging to owners of parent companies is 191.77 billion yuan, increasing by 20.4 percent year-on-year.
The central SOEs had 553.99 billion yuan payable in taxes and fees for the first four months, up 27.3 percent from the same period of last year, according to the statistics.
By Ye Xin, People's Daily Online
Weekly review May 20 World Economic Forum China office marks fifth anniversary May 18 China, Pakistan joined in bonds of brotherhood May 20 'Central axis' of Beijing applies for world cultural heritage May 20 In pictures: Int'l 'Financial Security' symposium opens in Beijing May 21 The week in pictures May 16 Beijing aims for massive influx of overseas talent in 2011 May 16 Singapore election coverage shows Western arrogance May 16 Chinese naval helicopter conducts target practice in Gulf of Aden May 17 Strategies for harmony between militaries of China, US May 17 Pakistani Prime Minister hails China as true friend
Meanwhile, the central SOEs, which refer to those state-owned enterprises administered by China's central government, realized a combined net profit of 290.69 billion yuan during the January-April period, increasing by 18.2 percent year-on-year in the first four months, according to statistics issued by State-owned Assets Supervision and Administration Commission on May 23.
The statistics also show that the revenues of the central SOEs rose 24.1 percent year-on-year to 6.08 trillion yuan from January to April. Out of that total, the net profit belonging to owners of parent companies is 191.77 billion yuan, increasing by 20.4 percent year-on-year.
The central SOEs had 553.99 billion yuan payable in taxes and fees for the first four months, up 27.3 percent from the same period of last year, according to the statistics.
By Ye Xin, People's Daily Online
Weekly review May 20 World Economic Forum China office marks fifth anniversary May 18 China, Pakistan joined in bonds of brotherhood May 20 'Central axis' of Beijing applies for world cultural heritage May 20 In pictures: Int'l 'Financial Security' symposium opens in Beijing May 21 The week in pictures May 16 Beijing aims for massive influx of overseas talent in 2011 May 16 Singapore election coverage shows Western arrogance May 16 Chinese naval helicopter conducts target practice in Gulf of Aden May 17 Strategies for harmony between militaries of China, US May 17 Pakistani Prime Minister hails China as true friend
