Central SOEs' profits up 14.4 pct in Jan.-Sept.

China's 113 state-owned enterprises (SOE) administered by the State-owned Assets Supervision and Administration Commission (SASAC) posted a 14.4-percent increase in net profits in the first three quarters.

The net profits of central SOEs amounted to 992.7 billion yuan (161.5 billion U.S. dollars) during the period, SASAC said Friday in an email to Xinhua.

Total revenues of central SOEs during the first nine months of 2013 rose 9.6 percent year on year to hit 17.6 trillion yuan.