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SOEs' performance improves in 2009

08-17-2010 08:54 BJT

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Centrally-controlled state-owned enterprises, or SOEs, steadily improved their performance in 2009. That's according to a report by the state-owned assets supervision and administration commission.

The state asset regulator said that by end of 2009, assets and equity controlled by 129 central SOEs totaled 6.2 trillion yuan. That's up 12 percent compared to the beginning of the year. Revenue totaled 12.6 trillion yuan, up 6.4 percent year on year.

In term of profits, centrally-controlled firms made 815 billion yuan, up 17 percent compared to the previous year. Taxes paid totaled 1.1 trillion yuan, up 10 percent.

Editor:Xiong Qu |Source: CNTV.CN

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