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    Quanzhou Textile And Apparel Listed Companies Profit Decline

    2008/11/3 9:58:00 26

    Quanzhou Textile And Apparel Listed Companies Profit Decline

    As a listed company's first half year report card to investors, the semi annual report of Listed Companies in Quanzhou in 2008 is being disclosed to shareholders.

    According to the reporter's understanding, there are eight enterprises listed in Quanzhou, all of which have disclosed their performance in the first half of the year.


    According to reports, this year, Quanzhou enterprises in the appreciation of the renminbi, rising costs, bank lending constraints and other objective factors, corporate profits have been greatly affected.

    Statistics show that four of the eight enterprises listed in China are mainly engaged in garment and textile industry. Apart from a good performance of a listed company, the leading companies in other industries are in the predicament of rising costs, which clearly reflects the difficult progress of Quanzhou's textile manufacturing industry.


     

    (Jia Xiao)

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