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Company Secretary Peng Wei said cost increases, investment loses were among the main reasons for the profit reversal.
Companies should pause and rethink the way of running business in post-pandemic era, said Tony Tsang, Chief Executive Officer of network service provider DYXnet Group, at a webinar hosted by China Daily Asia Leadership Roundtable.
Co-sponsored by the US Department of State and the All-China Youth Federation, this forum will bring together 100 entrepreneurs from the US and China. "It will provide an opportunity for young innovators from both countries to share insights and ideas and to further private sector cooperation and communication between our two countries," Chao said.
Coal firms bucked the downward trend. Zhengzhou Coal Industry and Electric Power surged by the daily limit of 10 percent, while China Coal Energy rose 5.47 percent.
Compared with the Severe Acute Respiratory Syndrome (SARS) outbreak in 2003, COVID-19 is less fatal but more widespread, and has far greater economic impacts as China's economic integration stands at a much higher level today, a report by the Shanghai Institutes for International Studies said.
来源：资阳报