Shanghai Mainboard-Listed Firms’ Revenue Rose 9% Last Year
(Yicai Global) May 6 — The operating revenue of companies listed on the Shanghai Stock Market’s mainboard climbed 9 percent last year to CNY37.21 trillion (USD5.25 trillion), making up nearly 40 percent of China’s gross domestic product.
Net profits of the companies were CNY3.19 trillion, also up 9 percent, the Shanghai Stock Exchange said yesterday on its website.
More than 90 percent thus earned a profit, or more than 1,370 companies.
Editor: Ben Armour