Net profits of China's futures companies drop in 2022

File photo: CGTN

BEIJING, Feb. 4 (Xinhua) -- China's futures companies saw their net profits drop in 2022, data from the China Futures Association showed.

Net profits of the country's 150 futures companies amounted to 10.99 billion yuan (about 1.63 billion U.S. dollars), down 19.82 percent year on year, according to the association.

The operating revenue of these firms was down 18.81 percent from a year earlier to 40.16 billion yuan, the data showed.