SHANGHAI — Firms listed on the Shanghai Stock Exchange (SSE) saw steady growth in revenue and net profits in 2019, the bourse said on May 5.

Of the 1,514 firms that have disclosed their annual reports or released their financial performance reports by April 30, over 90 percent, or 1,370 firms, reported profitability, SSE data showed.

In 2019, business revenue of the firms listed on the Shanghai bourse totaled about 37.21 trillion yuan ($5.26 trillion), up by 9 percent year-on-year.

Their total net profits grew 9 percent to 3.19 trillion yuan last year.

Despite the internal and external uncertainties last year, the result shows China's strong economic resilience, which also provides room for maneuvering following the unprecedented situation this year, according to the bourse.