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China News Agency reported on Tuesday that last year, China's central enterprises realized 29.1 trillion yuan in business revenue, an increase of 10.1% over the previous year, and realized a total profit of 1.7 trillion yuan, an increase of 16.7%, with revenue and profit reaching the best level in previous years.
Reuters estimates that net profit grew 15.7% year-on-year last year, slowing the growth of net profit and total profit from the end of the third quarter, when they were 21.5% and 19.2%, respectively.
Xinhua quoted information from the meeting of heads of central enterprises and local SASASAC as saying that in 2018, enterprises in the national SASAC supervision system achieved a cumulative revenue of 54.8 trillion yuan, an increase of 10.3% over the previous year, and a total profit of 3.4 trillion yuan, an increase of 13.2%.

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