Asian companies rack up strongest post-Lehman profit gains

Led by China, region is home to 80% of businesses notching 10-fold increases

20191124N tencent(REUTERS)

Tencent is among 225 Chinese companies logging more than 10-fold profit growth since the global financial crisis. © Reuters

KOHEI YAMADA, Nikkei staff writer

TOKYO -- Corporations based in Asia have reported many of the sharpest increases in net profit since the 2008 global financial crisis, with technology companies, consumer goods manufacturers and drugmakers driving the growth.

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