Newsflash
| SFC: 123 A-share listed companies' profit increased by 1-3 times |
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Chinese Securities Regulatory Commission recently released data shows that the revenue of domestic listed companies in 2008 reached 1.13 trillion yuan, accounting for 37.67% of GDP of year 2008, with total profit of 1.074763 trillion yuan. After 20 years of development, China's listed companies has become the promotion of the chinese economic growth. According to statistical data, as of the end of December 2008, China's domestic listed companies reached 1625, assets reached 48.7 trillion yuan, net assets reached 7.12 trillion yuan. According to statistics, from 2006 to first half of 2009, a total of 123 listed companies had promoted industrial integration, the industry objective of M & A upgrade, the transaction amounted to 833.4 billion yuan, after the completion of merger and reorganization of listed companies, net profit, total revenue and total assets grew by an average one to three times.
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