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The first half of 2017, industrial textiles industry operation

  • Author:Orient Honest
  • Source:www.china-disposable.com
  • Release on :2017-08-18
The first half of China's industrial textile industry is running smoothly, production, sales and exports continued to grow, profitability remained stable. Disposable face mask suppliers, hospital bed sheets suppliers and disposable lab coats suppliers in China.

In the first half of 2017, the main business income of enterprises above designated size was 156.645 billion yuan, up by 7.55% over the same period of last year, and the total profit was RMB7.853 billion, down 0.79% year on year and the average profit margin of the industry was 5.59%.

The first half of the industry profits fell, mainly due to the textile belt and cord fabric caused. In the first half of the year, the main business income of textile belt and cord fabric was 29.251 billion yuan, up by 4.31% year on year, the main business cost increased by 6.40% and the total profit was RMB1.669 billion, down by 32.93% year on year. Textile and curtain fabric profits substantially reduced, on the one hand is due to the first half of the sharp fluctuations in raw material prices, on the other hand with some enterprises data anomalies related.

The decline in non-woven fabric profit growth is also part of the decline in industry profits. In the first half of the year, the total revenue and profit of nonwovens above scale reached 76.365 billion yuan and 4.377 billion yuan respectively, up by 6.30% and 2.32% respectively, while the profit growth rate was 8.23% in 2016. Non-woven fabric profit growth decline is the industry competition and raw material price fluctuations together.