Profits of 2,027 Listed Chinese Companies Rise 11.41% in H1.
Profits of the listed firms began climbing since the first quarter of the year.
This was compared to a 1.51-percent profit drop in the first half of 2012, the report said, citing data from Wind Information Company, a Shanghai-based financial data service provider.
The rebound of product prices and a warming business climate contributed to the profit increase, with public services, transport, electronics, real estate and household appliances reporting rises of more than 30 percent in gains, the report said.
With 462 companies yet to disclose their first-half business reports, the Wind Info forecast net profits of China's total listed firms to grow around 12% in the January-June period, the report said.
The total business revenues of the 2,027 companies amounted to 7.76 trillion yuan, up 9.14% year-on-year, according to the report.
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