Ministry of Finance: total profit of state-owned enterprise reaches RMB824.75 billion from Jan to Apr 2017

According to news from Ministry of Finance, state-owned enterprises and state-controlled enterprises ran steadily from Jan to Apr 2017 and the total business income was RMB1.Asian Metal Copyright The total profit was RMB824.Asian Metal Copyright558 trillion, up by 17.Asian Metal Copyright75 billion, up by 24.Asian Metal Copyright5% YOY.Asian Metal Copyright8% YOY.Asian Metal Copyright The total profit was RMB824.Asian Metal Copyright Tax payable of state-owned enterprises was RMB134 million, up by 10.Asian Metal Copyright75 billion, up by 24.Asian Metal Copyright The total profit was RMB824.Asian Metal Copyright8% YOY.Asian Metal Copyright Coal, steel and non-ferrous industries continued to be profitable, but they lost money in the same period of last year; Growth rate of profits of petroleum and petrochemical industry was higher on year-on-year basis; while power industry’s profit decreased substantially on year-on-year basis.Asian Metal Copyright Tax payable of state-owned enterprises was RMB134 million, up by 10.Asian Metal Copyright7% YOY.Asian Metal Copyright7% YOY.Asian Metal Copyright7% YOY.Asian Metal Copyright Coal, steel and non-ferrous industries continued to be profitable, but they lost money in the same period of last year; Growth rate of profits of petroleum and petrochemical industry was higher on year-on-year basis; while power industry’s profit decreased substantially on year-on-year basis.
.Asian Metal Copyright Coal, steel and non-ferrous industries continued to be profitable, but they lost money in the same period of last year; Growth rate of profits of petroleum and petrochemical industry was higher on year-on-year basis; while power industry’s profit decreased substantially on year-on-year basisAsian Metal Copyright