56.0%! Shanghai and Shenzhen listed companies will "hand in their answer sheets" in their 2024 annual reports.
As of April 30th, more than 5,100 listed companies in Shanghai and Shenzhen have disclosed their annual reports for 2024. According to the annual report data, the performance of listed companies in Shanghai and Shenzhen remained resilient in 2024, with 74% of listed companies achieving profits, and 48% of companies experiencing profit growth. In terms of different industries, sectors such as agriculture, forestry, animal husbandry, fisheries, electronics, transportation, automotive, and retail have shown strong growth. The financial industry achieved a net profit of 2.7 trillion yuan, a year-on-year increase of 10.3%, with further acceleration in growth compared to the third quarter. The operating income of listed companies accounts for 56.0% of GDP, while the total profits of physical listed companies account for 54.9% of the scale of industrial enterprises above a certain size. The position of listed companies as the cornerstone of the national economy is further highlighted.
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