Listed firms' financials confirm economy robust
China Daily | Updated: 2017-10-30 07:47
BEIJING - More than 2,300 listed companies' forecasts of their third-quarter financial performance indicate they are likely to beat market expectations.
As of Oct 24, nearly 72 percent of them have already posted higher net profits year-on-year or were back in the black, according to data compiled by Wind, a leading corporate information provider.
The data add to a string of major indicators that the Chinese economy is on a steadier footing.
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