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在线翻译:
szdaily -> Markets -> 
Listed firms report improving performance
    2018-04-17  08:53    Shenzhen Daily

FIRMS listed on the Shanghai and Shenzhen stock exchanges have reported rapid profit growth for 2017 as China’s supply-side structural reform helped improve their competitiveness.

So far, about half of China’s domestically listed companies have reported their 2017 performance, and some 72 percent of them saw year-on-year net profit gains, according to the Economic Information Daily.

Only 58 of the 1,700 listed firms that have disclosed their financial performance for 2017 reported losses.

Most companies in traditional sectors such as coal and steel posted strong growth on the back of the country’s economic restructuring and improved business environment.

The revenue of 20 listed steel companies grew 32 percent year on year last year with none suffering losses as the country continues to slash excess steel capacity, which prompted product price increases.

Listed firms in the coal and non-ferrous metal sectors saw higher earnings. (Xinhua)

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