BEIJING - China's centrally-administered state-owned enterprises (SOEs) reported combined profits of 542.96 billion yuan ($80.1 billion) during the first half of this year, the nation's SOE watchdog said Monday.
The figure represented an increase of 207.02 billion yuan from one year ago, the State-Owned Assets Supervision and Administration Commission (SASAC) said on its website, without giving reasons for the increase in profits.
China Daily