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In The First Three Quarters Of 2019, The Profit Of Wool Textile Industry Declined Compared With That Of Last Year.

2019/11/13 18:31:00 0

Wool SpinningEconomic Operation

According to the National Bureau of statistics, in the first three quarters of this year, the operating income of the above scale wool textile enterprises showed a decline of 3.26% compared with the same period last year, which was lower than that of the textile industry 0.9%. The gross profit of the wool textile enterprises decreased by about 1 billion 200 million yuan, or 42%, the average profit rate of the industry was 1.6%, down 1.2 percentage points from the previous year, and the average profit rate of the wool textile industry was also far lower than the average profit rate of 3.85% of the textile industry. The three quarter data show that the operation pressure of the wool textile industry has further increased, and profitability has declined.

(Note: the Bureau of statistics has adjusted since 2018)

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