Profit at China's state companies down for first 3 quarters of 2009

10/20/2009 | China Daily (Beijing)

Profit at China's state-owned industry from January to September fell 17.6% from the same period in the previous year, the Ministry of Finance says. Profit declined to $137.13 billion, down 2 percentage points compared with the January-to-August period. Gross revenue of these companies also declined 1.7% year-on-year.

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China Daily (Beijing)

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