60.3% of 1,099 Chinese publicly traded companies had forecast profit growth or projected that losses would be reversed to profits for the January-June period. Breakdown figures revealed that only 13.6% of these companies are set to witness profit decreases or going into debt for the first six months, and the remainder have not made profit projections. Companies in upstream sectors are among the biggest winners, with 54 listed petrochemical companies predicting more profits or reversing losses. Five companies, including Zhejiang Satellite Petrochemical, forecast net profit rises of above 10-fold year-on-year.