May 17, 2024
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Company China suffered first revenue drop in 5 years – Update92

Corporate China suffered first profit drop in 5 years

TOKYO – China’s publicly traded firms posted a internet revenue in 2023 for the primary time in 5 years, as a protracted hunch in the true property sector hit different industries.

About 5,200 non-financial firms listed in mainland China posted a mixed internet revenue of two.85 trillion yuan ($394 billion) final yr, in line with DZH knowledge. This represents a lower of 100 billion yuan or a 3% lower.

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