Cotton Textile Marketing In Textile City Is Affected By Weather Changes.

The cotton market in the textile market is caused by weather changes.

Circulation has weakened, and overall cotton marketing has been mild and weak for a week. Total sales have dropped slightly since last week.

This week, all kinds of c/c

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The total sales of woven and knitted cotton fabrics (including all cotton grey fabrics, cotton yarn dyed fabrics, whole cotton mesh gauze, and some of the best price cotton and ramie cloth), such as cotton yarn, decreased slightly compared with last week, a slight increase over the same period last week.

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Thirty years Hedong, thirty years Hexi.

In recent years, garment enterprises have been trapped in the dilemma of high inventory and net profit decline.

A total of 36 members of the clothing and home textiles listed companies in Shenyin and Wanguo statistics have eliminated 3 home textile companies and 32 Chinese clothing companies that have been backpacking by Xin Yang Feng, a chemical fertilizer company.

In the first three quarters of this year, 19 of the 32 companies declined, accounting for 59%.

Another 5 companies net profit rose less than 20%, accounting for 15.6%, the remaining 8 companies net profit growth of 21%~212%, accounting for 25%.

Affected by poor performance, clothing listed companies have gained limited profits this year.

The industry has increased by 39% this year (up to November 27th), ranking forty-second in more than 100 Shen Wan II industries.

Judging from the performance of a single company, the net profit of Busen shares has dropped the most.

According to the financial report, Busen shares lost 39 million 600 thousand yuan in the first three quarters of this year, down 393% compared with the same period last year.

In addition, the net profit of Hinur and Meyer of the main men's wear also dropped by more than 100%.

For the sharp decline in performance, Busen shares brought a series of answers to investors in its third quarterly report: "net profit decreased by 393% over the same period last year, mainly due to a decrease in total profits and deferred income tax turnover."

Earnings report also showed: "total profit is 223% lower than the same period last year, mainly due to reduced operating profits."

Then, why does business profit decrease? "Operating profit decreased by 292% over the same period last year, mainly due to the decrease in sales during the current period."

Busen shares said.