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Chinese state-owned enterprises (SOEs) saw 23.5 percent profit growth last year, a contrast to the 1.7-percent in 2016. Data from the Ministry of Finance shows that combined SOE profits rose to a record-high 2.9 trillion yuan, or about 450 billion U.
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BEIJING, March 25 (Xinhua) -- Datang International Power, a listed unit of China Datang, a major Chinese power producer, said Sunday its net profit fell 22.78 percent year-on-year to 1.91 billion yuan (303.2 million U.S. dollars) due to rising therma
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SHANGHAI, March 27 (Xinhua) -- Dongfeng Motor Group Co., China's second largest carmaker, said Tuesday its 2011 net profit fell 4.6 percent year on year to 10.48 billion yuan (1.7 billion U.S. dollars). Sales revenue rose 7.4 percent year on year to
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SAN FRANCISCO, Nov. 9 (Xinhua) -- Cisco Systems Inc., the world 's biggest networking equipment maker, on Wednesday reported that its profit fell about 7.9 percent in the most recent quarter. In the company's fiscal 2012 first quarter ending on Oct.
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CHICAGO, Sept. 15 (Xinhua) -- Gold futures（黄金期货） on the COMEX （纽约商品交易所） Division of the New York Mercantile Exchange ended moderately lower on Wednesday, as sharp range up move in gold on Tuesday prompted investors to ta
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SAN FRANCISCO, Nov. 21 (Xinhua) -- Hewlett-Packard Co. (HP) on Monday reported that its profit in the most recent quarter fell more than 90 percent with sales also declining. In the company's fourth quarter of fiscal 2011 ended Oct. 31, the company p
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