Mar. 23, 2010 (China Knowledge) - The combined profit of the 127 state-owned enterprises that are administered by the State-owned Assets Supervision and Administration Commission of the State Council increased 121% year on year to RMB 134.78 billion in the first two months of this year, according to a statement published on the website of the SASAC.

In February alone, these central SOEs earned RMB 60.45 billion in profit, 18.7% less than in January.

The central SOEs realized a total of RMB 2.18 trillion in operating revenue in the first two months, 52.1% more year on year. The operating revenue in February was RMB 1.01 trillion, down 12.8% month on month.

During the period from January to February, the centrally-administered SOEs paid RMB 221.72 billion in taxes, 43.2% more year on year.