Sales revenues show 25% jump

The sales revenue of China's centrally administered state-owned enterprises jumped 25.7 percent to 5.77 trillion yuan (US$84.6 billion) in the first half of 2008, the state assets regulator said yesterday in Beijing.



The growth was 5.4 percentage points higher than the same period a year earlier, according to State-owned Assets Supervision and Administration Commission statistics. Profit of these SOEs, however, was down 10.3 percent year on year to 425.6 billion yuan during the same period.