Huafeng Spandex Increased By 7600-8100 Yuan In The First Quarter.
Huafeng spandex
(002064) a midday announcement indicates that the net profit attributable to the parent company's owners in the first quarter of 2010 is about 7600-8100 yuan.
The reasons for the change are: the first quarter of 2009, due to the global
financial crisis
In depth, the market demand for spandex at home and abroad has shrunk dramatically, and the price of Spandex Products has dropped significantly.
Since the second quarter of 2009, demand for downstream textile industry has gradually increased, and the start-up rate of spandex industry has gradually increased, and product prices have gradually picked up.
This year, downstream textile industry demand continues to warm up, spandex
product
Prices are rising further.
The company's production line is full load, production and sales are booming. Sales in the first quarter increased considerably compared with the same period last year, and the gross margin level increased significantly.
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