More than half of 1,100 A-share listed companies achieved steady growth

Data show that as of the evening of August 20, about 1,100 A-share listed companies have disclosed the 2020 semi-annual reports.

Data show that as of the evening of August 20, about 1,100 A-share listed companies have disclosed the 2020 semi-annual reports.

Among them, 613 listed companies achieved year-on-year growth in net profit in the first half of the year, and 124 companies increased by more than 100%.

In addition, nearly 50% of the listed companies that have released their first three quarters performance forecasts are positive, and some listed companies have substantially exceeded expectations.

Listed companies in semiconductors, food processing, computer equipment, medical equipment and other fields ranked first in net profit growth in the first half of the year.

During the epidemic, due to the rising popularity of the “Stay-at-Home Economy”, the performance of listed companies in wearable electronic equipment, fast food processing, and remote office sectors increased significantly.

In addition, biomedicine and medical equipment listed companies related to anti-epidemic materials such as masks and virus detection have performed more prominently.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/08/23/more-than-half-of-1100-a-share-listed-companies-achieved-steady-growth/.

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