The decline was steeper than the 4.4% fall in the first 11 months of 2022.
($1 = 6.7503 Chinese yuan renminbi)
(Reporting by Ellen Zhang and Ryan Woo, Editing by Louise Heavens)
Delayed 03:00:02 2024-07-18 am EDT | 5-day change | 1st Jan Change | ||
7.266 CNH | -0.03% | -0.00% | +2.04% |
06:34am | China's yuan firms as dollar eases; all eyes on plenum | RE |
Jul. 17 | Russian rouble strengthens slightly in thin trade | RE |
BEIJING (Reuters) - Profits at Chinese state-owned firms fell 5.1% year-on-year in 2022 to 4.3 trillion yuan ($637.01 billion), according to data from the Finance Ministry on Monday.
The decline was steeper than the 4.4% fall in the first 11 months of 2022.
($1 = 6.7503 Chinese yuan renminbi)
(Reporting by Ellen Zhang and Ryan Woo, Editing by Louise Heavens)