Off the wire
China sees more inclusive finance loans to small businesses in 2019  • Discover China: Digital technologies enable inclusive finance in China  • Inclusive finance service benefits small enterprises  • China inclusive finance loans increase in 2018  • China allocates 10 bln yuan to support inclusive finance  • China's inclusive finance develops steadily  • Scientists turn to satellite images to map poverty  • China launches free technical training project in poverty relief  • China-ASEAN data center operational in south China  • ASEAN+3 countries vow to further promote education cooperation  
You are here:   News/

Profits of Chinese SOEs post modest decline in H1

Xinhua, August 01, 2025 Adjust font size:

China's state-owned and state-controlled enterprises (SOEs) reported a modest retreat in both profit and revenue during the first half of 2025, official data showed Tuesday.

Profits for the period fell 3.1 percent year on year, while operating revenues slipped 0.2 percent, according to data from the Ministry of Finance.

Taxes and fees payable by the companies totaled roughly 3 trillion yuan (about 419.52 billion U.S. dollars) in the first half, down 0.8 percent year on year.

Their asset-liability ratio stood at 65.2 percent at the end of June. ■