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Chinese textile sector revenues & profits up in 2011

12
Jan '12
China's textile industry realized a total income of 4.8072 trillion Yuan from main business in the first eleven months of 2011, up 27.4 percent year on year.

The growth rate fell 3.1 percentage points compared with the first six months of the previous year, when it grew at 24.3 percent.

The textile industry achieved total profit of 246.6 billion in the same period, up 26.6 from a year ago.

This is also down a massive 14.7 percentage points compared with the first half of 2011.

Fibre2fashion News Desk - China


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