Page 32 - 2018 Special Report on the State of Business in South China
P. 32
is year’s survey indicated that only around one-tenth of all respondents claimed that
they had not yet made a profit in China. For those companies that have made profits
in China, the breakdown of their profitability is similar to that of previous year. However, it is
worth mentioning that the number of surveyed enterprises that have made profits in China
while meeting or significantly exceeding budget expectations rose about 10%. For those
companies that have not yet made profits in China, their expected time to realize profits in China
is anticipated to be shorter than the previous year. In addition, more than 20% of respondents
claimed they were expecting to make a profit by the end of 2017, up 15% over the same period
in 2016. This might reflect a rebound in China’s overall economy.
The State of
Being Profitable
Profitable
in China?
Expected Time to Reach
Profitability
32
they had not yet made a profit in China. For those companies that have made profits
in China, the breakdown of their profitability is similar to that of previous year. However, it is
worth mentioning that the number of surveyed enterprises that have made profits in China
while meeting or significantly exceeding budget expectations rose about 10%. For those
companies that have not yet made profits in China, their expected time to realize profits in China
is anticipated to be shorter than the previous year. In addition, more than 20% of respondents
claimed they were expecting to make a profit by the end of 2017, up 15% over the same period
in 2016. This might reflect a rebound in China’s overall economy.
The State of
Being Profitable
Profitable
in China?
Expected Time to Reach
Profitability
32
