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Cotton textile industry earns profit of 13.5 bn yuan by Sept

05 Dec '06
1 min read

Cotton textile industry reached a total profit of 13.59 billion yuan from January to September 2006, representing a year-on-year increase of 41.02 percent, of which, the total profits of dying textile section registered 1.996 billion Yuan, rising 14.95 percent, accounting for 14.69 percent of the total profits of textile industry.

Loss comparison increased 0.37 percentage over the same period last year. The sales profit margin for the entire industry of over scale enterprises was 7.20 percent, below 7.44 percent from the same time last year, but the profit margin was 3.28 percent, higher than 2.91 percent of last year.

Therefore, it is estimated the revenue percentage of non-main business is increasing in the total profits.

From January to September 2006, the export value accounted for 13.33 percent of the main sales income, a decrease of two percentage points over the same period last year



Fibre2fashion, News Desk - China

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