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The operation of the textile industry from January to October!
From January to October, the industrial added value of textile enterprises above designated size decreased by 0.9% year-on-year, and the operating revenue was 4,283.9 billion yuan, up by 1.6% year-on-year; The total profit was 152.6 billion yuan, down 25.1% year on year; The industry suffered a loss of 23.3%, an increase of 3.0 percentage points year-on-year. The output of yarn, cloth and garments by enterprises above designated size fell by 6.3%, 5.2% and 2.0%, respectively, and the output of chemical fiber rose by 0.3%. Industry average employment was 5.5 million, down 4.0% from a year ago.
Guangdong Modern High-tech Fiber Co., Ltd. is a professional manufacturer engaged in the research and development, production and sales of PP yarn. Since its establishment, it has developed steadily. At present, it has established more than 70 polypropylene FDY production lines, 8 POY production lines, 2 DTY production lines, 12 BCF production lines and several other production and research and development equipment. Last year, various specifications of PP yarn nearly 30,000 tons, becoming the current domestic actual output of large PP yarn manufacturers.