BEIJING — Profits of Chinese state-owned enterprises (SOEs) grew steadily in the first eight months of 2019, official data showed on Sept 25.

The combined profits of China's SOEs rose 6.1 percent year-on-year to 2.41 trillion yuan ($340.88 billion) for the January-August period, the Ministry of Finance said on its website.

Total revenues of the SOEs reached 39.49 trillion yuan during the period, up 7.4 percent from a year earlier.