Most listed firms fare well

SHANGHAI: More than half of the 1,050 listed firms on the two mainland bourses, have reported year-on-year profit growth and bettered their subdued performances during the first six months of the year.

According to figures compiled by Securities Times, 559 firms reported net profit increases from July to September compared with the same period last year.

Leading the pack were liquor maker Kweichow Moutai Co Ltd, China Shipbuilding Industry Co and diesel engine maker Weichai Power Co, with earnings per share of 4.01 yuan, 2.97 yuan, and 2.86 yuan respectively.