Corporate results underscore slowdown in economic growth
By Gao Changxin in Shanghai | China Daily | Updated: 2012-04-25 08:05
Most listed companies in China are reporting weaker first-quarter results, demonstrating that economic growth is losing momentum.
By Sunday, 713 listed companies had released their first-quarter results, with 328 reporting lower profits and 118 registering losses.
This week, another 1,677 companies are set to give first-quarter results, with 299 having earlier estimated losses or lower profits.
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