The Average Profit Margin Of Textile Enterprises In Henan Is Below 3%, 30%.

By the end of June, 30% of Henan's textile enterprises had an average profit margin of less than 3%, and 124 of the loss making enterprises in textile enterprises above designated size increased 8.77% over the same period last year.

According to the report of Dahe August 26th, the survey data show that as of the end of June, the average profit margin of 30% of textile enterprises in Henan was below 3%, while the average profit margin of 60% enterprises was only 0.73%.

Henan province's textile enterprises above Designated Size have 124 deficit enterprises, an increase of 8.77% over the same period, with a deficit of 10.39%, which is 10.15 percentage points higher than the national deficit.

The survey found that in the 1194 Textile Enterprises above Designated Size in Henan Province, the vast majority of them lack financial support and business difficulties. Some of them will be forced to shut down completely. Henan textile enterprises with relatively concentrated and large number of small textile enterprises in Xinye province have already lost 1/3.