The 3,000-plus companies trading on exchanges in Shanghai and Shenzhen reported narrower declines in earnings for the three-month period ended in June. Photo: XinhuaThe 3,000-plus companies trading on exchanges in Shanghai and Shenzhen reported narrower declines in earnings for the three-month period ended in June. Photo: Xinhua
The 3,000-plus companies trading on exchanges in Shanghai and Shenzhen reported narrower declines in earnings for the three-month period ended in June. Photo: Xinhua

‘Darkest moment’ for earnings over, as profit growth at China’s listed companies rebounded in second quarter from worst showing in decade

  • Mainland’s publicly traded companies posted an 18 per cent drop in second-quarter earnings, compared with a 42 per cent slump in the previous three-month period
  • Smaller companies outstripped bigger ones in profit growth, while the telecommunications and agricultural industries recorded the biggest earnings increases

Topic |   Stocks
The 3,000-plus companies trading on exchanges in Shanghai and Shenzhen reported narrower declines in earnings for the three-month period ended in June. Photo: XinhuaThe 3,000-plus companies trading on exchanges in Shanghai and Shenzhen reported narrower declines in earnings for the three-month period ended in June. Photo: Xinhua
The 3,000-plus companies trading on exchanges in Shanghai and Shenzhen reported narrower declines in earnings for the three-month period ended in June. Photo: Xinhua
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