Jan. 31, 2012 (China Knowledge) - China State Development & Investment Corp (SDIC) reaped a profit of RMB 9 billion last year, 32% more than in 2010, the sources reported.
The state-owed company realized RMB 80 billion in operating revenue last year, 24% more than in the preceding year.
As of the end of last year, the company's total assets had reached RMB 280 billion.
In 2010, the company booked a profit of RMB 6.8 billion on operating revenue of RMB 64.6 billion.
SDIC, established in 1995, is a state-owned investment holding company. The firm's listed subsidiaries include SDIC Huajing Power Holdings Co Ltd<600886
>, SDIC Xinji Energy Co Ltd<601918
>, SDIC Zhonglu Fruit Juice Co. Ltd<600962
> and Sinotex Investment & Development Co<600061