In The First Half, Xinye'S Textile Net Profit Increased By 0.53% Over The Same Period Last Year.
In August 20th, the Henan Xinye textile Limited by Share Ltd released the first half results bulletin. The report showed that the main business revenue of the company in the first half of the year was 791 million yuan, up 18.40% over the same period last year. Net profit was 27 million 161 thousand and 700 yuan, an increase of 0.53% over the same period last year.
The report said that the impact of RMB appreciation and other factors on the overall growth rate of enterprises has slowed down.
In the first half of this year, the company's main business income increased by 18.40% compared to the previous year.
Among them, sales of grey fabric increased by 21.41% compared with the same period last year, sales of yarn increased by 13.26% compared to the same period last year, and sales of dyed fabrics increased by 12.43% over the same period last year.
However, due to the increase in production costs, the gross profit rate of the product fell from the same period of last year to 2.33%.
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