Ministry of Finance: The total profit of state-owned enterprises from January to August was 2.79372 trillion yuan, a year-on-year decrease of 2.7%.

According to the China Securities App, data from the Ministry of Finance shows that from January to August, the total revenue of state-owned and state-controlled enterprises (referred to below as state-owned enterprises) nationwide increased by 0.2% year-on-year, while the total profit decreased by 2.7%. 1. Total revenue: From January to August, the total revenue of state-owned enterprises was 53.96201 trillion yuan, an increase of 0.2% year-on-year. 2. Total profit: From January to August, the total profit of state-owned enterprises was 2.79372 trillion yuan, a decrease of 2.7% year-on-year. 3. Taxes and fees: From January to August, state-owned enterprises paid 3.90125 trillion yuan in taxes and fees, a decrease of 0.3% year-on-year. 4. Asset-liability ratio: As of the end of August, the asset-liability ratio of state-owned enterprises was 65.2%, an increase of 0.3 percentage points year-on-year.