Money
80% of 758 listed companies see profit growth
Updated: 2010-12-28 11:19
By Song Jingli (chinadaily.com.cn)
As of Monday, 758 companies listed on the Shanghai Stock Exchange and Shenzhen Stock Exchange released their performance predictions for the year 2010, and 607 companies reported positive predictions, China Business News reported Tuesday.
In addition, 144 companies predicted that their annual profits will increase by more than 100 percent year-on-year, and among them, 5 companies expected more than a tenfold increase in profits.
26 companies listed on China's Nasdaq-style board ChiNext out of 29 predicted a stable growth in profits and seven predicted 100 percent growth.
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