Home / Knowledge / News / Textiles / 'Hongcheng Hometex' delivers exemplary performance in Q1
'Hongcheng Hometex' delivers exemplary performance in Q1
02
May '09
Since the beginning of this year, Hongcheng Home Textile Co., Ltd. in Shandong has restructured its product offerings by vigorously developing high-tech and value-added products, due to which it has recorded a growth in exports in the first quarter.

The company has been able to achieve this in light the slowdown in export orders from overseas markets, by enhancing its ability to meet demands from international markets and thereby maintain a booming production line in an adverse market.

It is learnt that in the first three months of this year, the company achieved an export value of US $4,852,200, up 30.57 percent compared with the same time last year and its order books are full with orders till the end of May, this year.

In the first three months of 2009, the company developed more than 260 new products and has also increased its productivity. It has diversified in to high count yarns, wider width fabrics and multi colour new blends fabrics among many.

In addition, the company is keeping a close watch on developing trends in global markets and tuning its production towards that trend to take the first mover advantage. Along with the above it has also invested in new technology and equipment.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 28th Apr 2017

Fix 5% GST rate for textile goods: Textile bodies

Uniform levy of 5 per cent Goods and Services Tax (GST) on all...

Textiles | On 28th Apr 2017

India lifts CVD imposed on Nepali Jute goods

The countervailing duty (CVD) that was imposed on Nepali jute...

Courtesy: Williamsburg Garment Company

Fashion | On 28th Apr 2017

'We have grown by staying small & maximising efforts'

The easiest way to go out of business is to be too big or expand too...

Interviews View All

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X