Home › Creativity › Profits drop by 50% at China’s state-owned firms during Jan to May period: Finance Ministry

Profits drop by 50% at China’s state-owned firms during Jan to May period: Finance Ministry

By on • ( 0 )

On Monday, in a statement China’s Finance Ministry said, profits of its state-owned firms fell by 52.7% year on year for the period of January 2020 to May 2020, to $93.67 billion (663.1 billion yuan).

($1 = 7.0794 yuan)

‹
›

Categories: Creativity, Economy & Finance, Entrepreneurship, HR & Organization, Strategy

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.