Home / Knowledge / News / Textiles / Hemp manufacturing sector able to beat slowdown
Hemp manufacturing sector able to beat slowdown
29
Jul '09
According to the National Bureau of Statistics, in the period January to May, China had 440 large hemp textiles and hemp product manufacturers, down 1.79 percent year-on-year, of which 96 were loss making concerns.

Hemp textile and hemp product manufacturing companies achieved a total income of 10.40 billion Yuan, an increase of 7.59 percent year-on-year in the same period.

Among them, main business income of hemp textile enterprises scored 8.72 billion Yuan, up 8 percent, while main business income of hemp product manufacturers fetched 1.67 billion Yuan, an increase of 5.49 percent.

The entire industry realized total profits of 326 million Yuan, a reduction of 28.36 percent year-on-year, of which hemp textile enterprises produced profits of 199 million Yuan, an increase of 5.43 percent; hemp product manufacturers produced profits of 128 million Yuan, a reduction of 52.20 percent year-on-year.

Total liabilities of the entire industry came to 12.45 billion Yuan, an increase of 0.76 percent year-on-year; among them, total liabilities of hemp textile enterprises marked 11.31 billion Yuan, an increase of 2.38 percent; total liabilities of hemp product manufacturers indicated 1.146 billion Yuan, a reduction of 12.84 percent year-on-year.

Export delivery value of the industry achieved 845 million Yuan, a reduction of 14.46 percent year-on-year. Among them, export delivery value of hemp textile enterprises was 792 million Yuan, a reduction of 9.68 percent; export delivery value of hemp product manufacturers was 52 million Yuan, a reduction of 52.61 percent year-on-year.

Total employees of the industry were 109,300, a reduction of 11.05 percent year-on-year; of which, 96,900 employees were in hemp textile enterprises, a reduction of 11.10 percent year-on-year, while 12,400 people were employed in hemp product manufacturing enterprises, a reduction of 10.68 percent year-on-year.

Fibre2fashion News Desk - China

Must ReadView All

Apparel/Garments | On 27th Mar 2017

NYCEDC announces $51mn package for NYC garment industry

New York City Economic Development Corporation (NYCEDC), in...

Apparel/Garments | On 27th Mar 2017

Fynd raises $500K Series A funding from Venture Catalysts

Fynd, an online to offline (O2O) e-commerce fashion marketplace, has...

Apparel/Garments | On 27th Mar 2017

India's fashion market to touch $30 bn by 2020: Report

The fashion market in India is estimated at $70 billion in 2016, with ...

Interviews View All

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Wendell Rodricks
Wendell Rodricks

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search