BEIJING (Reuters) – The net profit of China’s central government-owned state firms rose 10.2% year-on-year to 142.38 billion yuan ($22.39 billion) in January, according to the official Xinhua News Agency, citing data from the state assets regulator.
The overall revenue of central government-owned state firms grew 12.4% from a year earlier to 3 trillion yuan last month, Xinhua said.
(Reporting by Stella Qiu and Ryan Woo; Editing by Susan Fenton)
