BEIJING, 30th July, 2025 (WAM) -- China's state-owned and state-controlled enterprises (SOEs) reported a modest retreat in both profit and revenue during the first half of 2025, official data showed Tuesday.
Profits for the period fell 3.1 percent year-on-year, while operating revenues slipped 0.2 percent, according to data from the Ministry of Finance.
Taxes and fees payable by the companies totalled roughly 3 trillion yuan (about US$419.52 billion) in the first half, down 0.8 percent year-on-year.
Their asset-liability ratio stood at 65.2 percent at the end of June.