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Surge in total profits of Chinese apparel sector
31
Jan '11
After preliminarily seasonal adjustment, in the fourth quarter 2010, total profits of China's apparel industry amounted to 20.23 billion Yuan; an increase of 43.9 percent year on year.

Apparel industry realized a 5.8 percent sales margin, representing a marginal growth of 1.3 percentage points from the previous quarter.

Total taxes of China's apparel industry amounted to 11.73 billion Yuan, recording an increase of 51.6 percent year on year.

Funds used by finished products of China's apparel industry amounted to 58.72 billion Yuan, an increase of 8.0 percent year on year.

Fibre2fashion News Desk - India

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