The current reporting season is bringing more grim news in China
SHANGHAI: After a bleak first half for corporate earnings in China, the current reporting season is bringing more grim news.
About 44% of more than 1,200 firms that have given profit guidance for the third quarter predicted worse earnings than from a year earlier, in terms of smaller profits, deeper losses or swings into loss.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
