Large firms take half of combined profits on China’s bourses

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Saturday, August 30, 2008 06:00:36

	Large firms take half of combined profits on China’s bourses By STAFF EDITOR Published: April 24, 2008 09:14 PM Quarterly reports issued by 486 Shanghai- and Shenzhen-listed companies as of April 23 showed a combined net profit of US$5.84 billion (RMB40.77 billion) over the first quarter of the year, the China Securities Journal reported. The weighted average earnings per share were RMB0.1472. Taking out the four companies who did not post first-quarter ... You are currently reading 52 words of 160 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: China Securities Journal , Shenzhen	More Articles in Stock Markets > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Citic Securities’ 1H profit down 5.65% to US$96m IPO fundraising stagnates in first half: PwC Gemdale’s RMB8.5b share offering blocked Dadi Group moves closer to backdoor listing after Powerise sale Zhejiang businessman draining capital from financial markets Mainland firms raise US$7b in 56 Q2 IPOs China Merchants Property wins approval for US$1.17b share issue

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