Nearly 70% of NEEQ-listed enterprises earn profits in 2020 :

Nearly 70% of NEEQ-listed enterprises earn profits in 2020


Nearly 70% of NEEQ-listed enterprises earn profits in 2020
Xinhua |
Updated: 2021-05-08 15:12
An investor checks stock prices at a brokerage in Fuyang, Anhui province. [Photo by Lu Qijian/For China Daily]
BEIJING - About 70 percent of small and medium-sized enterprises listed on China's National Equities Exchange and Quotations (NEEQ), also known as the "new third board", earned profits in 2020.
A total of 6,966 companies that have released annual reports by the end of April registered net profits of 60.82 billion yuan ($9.4 billion) in 2020, up 7.23 percent from a year earlier.
Among the profit makers, companies in strategic emerging industries saw their net profits surge 55.3 percent year-on-year.

Related Keywords

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