The Overall Performance Of Textile Listed Companies Is Good.

From the data collected by Listed Companies in the first half of 2010, the performance of Listed Companies in the textile industry is generally better.

Taking into account the impact of the second half of this year, the weakening of external demand factors and the cost of raw materials, the profit growth level of textile listed companies will fall in the second half of this year.

The performance of textile listed companies is gratifying.

A few days ago, Sina Financial Network textile industry sector has announced the first half of the listed company's financial report.

Considering the comparability of financial data, 67 companies were selected from 100 textile listed companies that have published their earnings.

Among them, there are 31 textile production enterprises, 18 garment production enterprises, 15 chemical fiber production enterprises, and 3 textile machinery production enterprises.

Summary data show that in the first half of this year, the total 67 textile listed companies achieved a total operating income of 63 billion 469 million yuan, an increase of 45.94% over the same period last year.

From the situation of Listed Companies in different sub sectors of the textile industry, it shows different characteristics.

The clothing sector presents the characteristics of consumption upgrading and brand contribution.

For example:

With the continuous improvement of people's consumption level and the effective implementation of the company's own business strategy, the home textile sector also showed signs of accelerated growth in the first half of the year.

Roley home textile (stock code sz002293) net profit in the first half of this year increased by 58.96% year-on-year, and the net profit of Fu Anna (stock code SZ 002327) increased by 41.77% year-on-year.

Analysis of the textile and chemical fiber plate in the upstream of the textile industry chain, the profits of the listed companies are mainly due to the improvement of the domestic and foreign market and the promotion of the product price.

Considering the impact of low base factors in the same period last year, the profit growth of some listed companies of textiles and chemical fiber plates is particularly significant.

In the cotton spinning listed companies, Xinye textile (stock code sz002087) and Huamao shares (stock code sz000850) belong to the parent company's net profit increased by 201.30% and 93.35% respectively, and China Textile share (stock code sh600448) turned into a deficit.

Chemical fiber listed companies, the main products containing spandex products listed companies net profit growth is obvious.

For example: Huafeng spandex (stock code sz002064), Xinxiang chemical fiber (stock code sz000949), Yantai spandex (stock code sz002254) first half net profit increased by 2001.54%, 934.51%, 388.72% respectively.

Compared with other chemical fiber listed companies, the profit growth of spandex companies is particularly prominent, mainly due to the rising price of Spandex Products and the increase of corporate profits.

According to China textile net data, the average price of spandex 40D in the first half of 2010 was 53789 yuan / ton, up 27.62% compared to the same period last year.