Friday, April 18, 2014   

Beijing industrial firms see lower profits in 2013
(02-06 17:30)

Profits of industrial firms regulated by the Beijing municipal government dipped by 0.2 percent in 2013 from a year earlier, according to the statistics authority of Beijing on Thursday.
The data were collected from industrial companies in Beijing with annual business revenue of more than 20 million yuan. The companies had aggregate profits of 125.5 billion yuan in 2013.
Performance of the firms was uneven, with state-owned firms seeing profits down by 6.8 percent year on year, joint-equity firms down by 15 percent, and foreign-funded enterprises surging by 19.4 percent, the data showed.
Profit growth of the firms also varied from sector to sector. While the automaking and pharmaceutical sectors experienced profit growth of 28.7 percent and 23.5 percent respectively, the electricity and heating sectors saw profits decrease by 1.5 percent. --Xinhua   
Other Business breaking news:
Amazon hit by strikes in Germany (04-17 17:07)
Hang Seng, Shanghai rise (04-17 16:58)
Flat open for European markets (04-17 15:48)
Nikkei gives up early gains (04-17 15:43)
China eases with reserve cut for rural banks: report (04-17 15:42)
Hang Seng inches up at mid-day (04-17 12:13)
Sony's PlayStation 4 sales top 7 million (04-17 12:06)
Weibo IPO priced at lower end: report (04-17 11:34)
Nikkei down by break (04-17 11:16)
Exports boost Italy's trade surplus (04-16 18:42)

More breaking news >>

© 2014 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2014, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.