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[What is the benefit of the textile industry?]
Release date:[2021/2/20] Is reading[70]次

What are the economic benefits of the textile industry in 2020?

In 2020, textile enterprises above designated size achieved operating income of 4519.06 billion yuan, a year-on-year decrease of 8.8%, which was 3.3 and 20.7 percentage points lower than the previous three quarters and January to February respectively; realized total profits of 206.47 billion yuan, a year-on-year decrease of 6.4%. Compared with the first three quarters and January-February, it narrowed by 5.7 and 46.9 percentage points respectively.

The operating income profit rate of textile enterprises above designated size was 4.6%, a significant improvement from the 2.2% level at the beginning of the year, and exceeded 0.2 percentage points in 2019.

Dongguan Donggang Chemical Fiber Co., Ltd. was founded in 1991. It is located in Wentang Brick Kiln Industrial Zone, Dongcheng District, Dongguan City, Guangdong Province. It is a medium-sized enterprise specializing in the production of various PP yarns. Our company currently has 16 PP yarn production lines. It has formed a production scale with an annual output of 20,000 tons of PP yarn, and its market share ranks among the top in the industry.


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