e-magazine
The Hot Zone
China's newly announced air defense identification zone over the East China Sea aims to shore up national security
Current Issue
· Table of Contents
· Editor's Desk
· Previous Issues
· Subscribe to Mag
Subscribe Now >>
Weekly Watch
Expert's View
World
Nation
Business
Finance
Market Watch
Legal-Ease
North American Report
Forum
Government Documents
Expat's Eye
Health
Science/Technology
Lifestyle
Books
Movies
Backgrounders
Special
Photo Gallery
Blogs
Reader's Service
Learning with
'Beijing Review'
E-mail us
RSS Feeds
PDF Edition
Web-magazine
Reader's Letters
Make Beijing Review your homepage
Hot Links

cheap eyeglasses
Market Avenue
eBeijing

ECONOMY
THIS WEEK> THIS WEEK NO. 40, 2013> ECONOMY
UPDATED: September 27, 2013 NO. 40, OCTOBER 3, 2013
Profit Forecast
Share

Given the cyclical recovery and rapid growth of China's emerging industries, roughly 60 percent of Chinese listed companies expect a profit increase in the third quarter.

Of the 941 firms that have publicized their Q3 earnings pre-announcement, 509 said profits would increase and 48 did not expect losses.

After suffering fourth quarter losses last year, profits from listed companies rose 10.36 percent in the first quarter of 2013 and accelerated to 11.98 percent in the second quarter, the fastest quarterly growth since 2012.

Machinery equipment producers, petrochemical companies and non-ferrous metal makers reported profit gains as a steady economic recovery boosted industry demand.

Profits from information service providers and electronic equipment makers also made gains as they benefited from the government's master plan to boost strategically important emerging industries. Moreover, Liquid Electronic Display and integrated circuit makers also forecasted hefty profit increases.



 
Top Story
-Protecting Ocean Rights
-Partners in Defense
-Fighting HIV+'s Stigma
-HIV: Privacy VS. Protection
-Setting the Tone
Most Popular
 
About BEIJINGREVIEW | About beijingreview.com | Rss Feeds | Contact us | Advertising | Subscribe & Service | Make Beijing Review your homepage
Copyright Beijing Review All right reserved