The SOEs raked in 41.02 trillion yuan (about 5.75 trillion U.S. dollars) in operating revenue in the January-June period, up 4.9 percent from the same period last year, according to data from the Ministry of Finance.
The combined profits of SOEs went up 5 percent year on year to 2.38 trillion yuan in the first six months.
The SOEs saw their debt-to-asset ratio reach 64.9 percent by the end of June, up 0.4 percentage points from the previous year.