Zhejiang SASAC-supervised SOEs record Jan-April profits of 12.89b yuan

State-owned enterprises (SOEs) supervised by Zhejiang provincial SASAC maintained steady profits between January and April, recording total profits of 12.89 billion yuan ($2.01 billion), up 46.5 percent year-on-year.

The total revenues of 18 SOEs supervised by Zhejiang provincial SASAC amounted to 256.02 billion yuan, representing a year-on-year rise of 17.2 percent.

By the end of April, SOEs supervised by the provincial SASAC had total assets of 1.15 trillion yuan, an increase of 14.4 percent year-on-year, of which the net assets reached 458.25 billion yuan, a year-on-year increase of 13.2 percent.

(Executive editor: Hao Wen)