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Net profits of China's central SOEs up 5% year on year in June


China's centrally-administered state-owned enterprises (SOEs) scored a total net profit of 166.48 billion yuan (US$23.79 billion) in June, up 5% year on year, said Peng Huagang, secretary general and spokesperson of the State-owned Assets Supervision and Administration Commission of the State Council.

China SCIOUpdated: July 16, 2020