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Over 60pct Shanghai, Shenzhen-listed firms guide to make profits in Q3

BEIJING
2015-10-08 10:17

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A total of 1,043 companies listed on Shanghai and Shenzhen bourses have guided their financial results for the third quarter of 2015 with over 60 percent of them predicting to make profit, according to statistics from East Money's financial information platform Choice.

Among those profit-expected companies, 12 ones forecast a net profit rise of more than 1,000 percent as compared with the corresponding period of 2014 and 112 ones are expected to see net rise at a range of 100 percent to 1,000 percent in the third quarter. The 2,700-odd Shanghai and Shenzhen listed companies are scheduled to post their Q3 reports from Friday.

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