Shenzhen-listed firms' revenue up 23.46 pct in 2017
Xinhua,May 02, 2018 Adjust font size:
BEIJING, May 1 (Xinhua) -- Firms listed on the Shenzhen Stock Exchange saw their total revenue up 23.46 percent year on year in 2017, the stock exchange said Tuesday.
Total profits for the 2,105 Shenzhen-listed firms that have disclosed their 2017 financial performance reached 729.5 billion yuan (115.2 billion U.S. dollars), up 20.58 percent year on year.
Among them, firms listed on the Nasdaq-style ChiNext board posted the highest average gross profit rate of 29 percent, indicating strong competitiveness of high-tech firms.
The high-tech and strategic emerging sectors accounted for 70 percent and 40 percent of the Shenzhen-listed firms, respectively, as of the end of April. Enditem