(MENAFN- Qatar News Agency) Beijing May 05 - Chinese companies listed on the Shenzhen Stock Exchange posted improving profitability in 2013 said a report released by the bourse today.
A total of 1577 companies raked in 323.7 billion yuan (52.2 billion US dollars) in net profits in 2013 up 17.3% year on year after an overall decline in 2012 (Xinhua) news agency reported.
Last year 242 companies posted net profit increase of over 50% 68 more than in 2012 according to the report. The average loss of 129 companies was 216 million yuan some 70 million less than that in 2012.
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