China/Shanghai SSE Composite Quarterly Earnings & Growth

by Siblis Research Ltd
China/Shanghai SSE Composite Quarterly Earnings & Growth

For Q1 2020, the quarterly earnings of Shanghai’s SSE Composite index decreased -22.1% (year-over-year). The quarter was especially difficult for energy companies (e.g. Sinopec posted a huge quarterly loss) and for airlines which is hardly a surprise for anyone. If financial companies are excluded, the quarterly decline in earnings was a staggering -59.9% when compared to the same period of last year. The SSE index is considered as the benchmark index for the mainland China’s equity market. https://siblisresearch.com/data/sse-composite-earnings/

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