August 24, 2018 / 9:07 AM / in 3 months

China state-owned firms' profits up 21.4 pct y/y in Jan-July - Securities Times

BEIJING, Aug 24 (Reuters) - China state-owned firms’ profits rose 21.4 percent from a year earlier to 2.02 trillion yuan ($293.86 billion) in the first seven months of this year from the same period last year, the Securities Times reported on Friday, citing the finance ministry.

$1 = 6.8740 Chinese yuan renminbi Reporting by Beijing Monitoring Desk; Editing by Kim Coghill

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