Profits of Chinese state-owned enterprises (SOEs) grew steadily in the first eight months of 2019, official data showed Wednesday.
The combined profits of China's SOEs rose 6.1 percent year on year to 2.41 trillion yuan (about 340.88 billion U.S. dollars) for the January-August period, the Ministry of Finance said on its website.
Total revenues of the SOEs reached 39.49 trillion yuan during the period, up 7.4 percent from a year earlier.