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Shandong Energy Group doublely crowned among provincially managed SOEs
September 4, 2018  

Recently, all 24 provincially managed SOEs in Shandong province issued their interim financial information in 2018, disclosing the performance in the first half of the year. Shandong Energy Group, which has been ranked among the Fortune 500 in the world for 8 consecutive years, has been double-crowned in terms of operating income and net profit.

Judging by the revenue, Shandong Energy Group achieved operating income of 142.584 billion yuan in the first half of the year, ranking first among 24 enterprises. In terms of profit, the Group ranks first with 6.329 billion yuan, with net profit increasing 100.62% from the same period last year.

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