Profits Of China's State-owned Enterprises Post Modest Decline In H1

Profits of China's state-owned enterprises post modest decline in H1

BEIJING, (UrduPoint / Pakistan Point News / WAM - 30th Jul, 2025) 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 totalled roughly 3 trillion Yuan (about US$419.52 billion) 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.

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