The Beijing Stock Exchange (BSE) has reported robust performance among its listed firms for the first half of the year, according to data released by the bourse on Monday. Amid global economic uncertainties, companies on the BSE have demonstrated resilience and steady operations.
Out of the 251 firms listed on the exchange, more than 60 percent have reported revenue growth, signaling strong market performance and effective business strategies. Additionally, over 80 percent of these firms achieved profitability during this period, highlighting the sound financial health of enterprises on the BSE.
The combined operating revenue of the listed companies reached an impressive 78.5 billion yuan (approximately $11.05 billion). Net profit attributable to shareholders stood at 5.4 billion yuan, underscoring the firms’ ability to generate substantial returns for investors despite challenging economic environments.
This performance reflects the vitality of China’s capital markets and the confidence of investors in the growth prospects of companies listed on the BSE. The data showcases the exchange’s role in supporting small and medium-sized enterprises, providing them with opportunities for expansion and access to capital.
Reference(s):
cgtn.com
