Nearly 90% Textile And Garment Companies Three Quarterly Report Good News Men Wear Field Problems

The textile and garment industry in P < 2013 has experienced signs of recovery after the a href= "http://www.91se91.com/news/index_c.asp" > cotton < /a > price roller coaster era.

As of the evening of October 29, 2013, a total of 72 listed companies in A textile and apparel industry released the three quarter performance report.

Nearly 90% of the companies reported good results.

< /p >

< p > < strong > 12 companies net profit increase of over 100% < /strong > < /p >

< p > according to statistics, of the 72 listed companies, < a href= "http://www.91se91.com/news/index_c.asp" > textile and garment industry < /a >, 64 companies made profits in the three quarter of this year.

Among them, Lu Tai A occupies the first place in the first three quarters of the year to achieve net profit of 676 million yuan.

Some analysts believe that due to the decline in cotton prices, leading to the rise of textile companies, such as cotton textile enterprises Lu Tai A, the growth of company performance is not related to the decline in raw material prices.

< /p >

< p > but in the 72 listed textile and apparel companies, 8 companies still suffered losses in the three quarter.

The biggest loss is Changshan shares, the company's first three quarters reported net loss of 47 million 417 thousand and 700 yuan.

Changshan shares said that the reporting period was mainly due to the market downturn, domestic cotton prices were far higher than the international cotton prices, the decline in product prices, resulting in lower gross margins.

< /p >

< p > according to statistics, of the 72 companies mentioned above, 12 companies had a net profit increase of over 100% in the first three quarters.

Among them, the net profit growth of Jin Fei Da in the first three quarters was the highest, which was 1089.19%.

The net profit growth of Sihai and Mei Xinda ranked second and third in the first three quarters, 497.33% and 416.49% respectively.

< /p >

< p > Jin Fei Da's operating income in the first three quarters of this year was 353 million yuan, and its net profit was 98 million 60 thousand yuan. However, after deducting non recurring gains and losses, its net profit was only 10 million 920 thousand yuan, an increase of 37.32% over the same period last year.

In fact, in the first half of this year, Kim Fei Da received a government compensation of nearly 40 million yuan due to the relocation of the parent company, resulting in an increase of 29 million 930 thousand yuan in net profit. In addition, the company's acquisition price was less than the assessed value of 57 million 530 thousand yuan.

< /p >

< p > in addition, the net profit growth of the first three quarters of Phoenix Bamboo textile, Jinying shares and Nanjiang B increased by 395.21%, 304.08% and 212.52% respectively.

< /p >

"P > < strong > < a href= > http://www.91se91.com/news/index_c.asp > > men 's < /a > the company's performance is reduced to < /strong > < /p >.

< p > compared with the high net profit of the above textile and garment companies, there are only 4 companies in the first three quarters of this year with a net profit drop of over 100%.

The 4 companies were Hua Sheng shares, San Mao Pai Shen, Xinlong holdings and Thailand shares. The net profit in the first three quarters decreased by 826.65%, 354.47%, 119.07% and 105.82% respectively.

< /p >

< p > it is worth noting that the performance of men's wear listed companies has generally declined in the first three quarters of this year.

Of the 10 listed companies that have announced three quarterly reports, 8 companies have declined in performance, while the other two companies that have gone up in net profit are only single digit growth.

< /p >

< p > according to statistics, in the 10 men's clothing listed companies, only the net profit of card slave road and keno technology in the first three quarters of this year increased, and its net profit increased by 5.27% and 4.81% respectively.

In addition, seven wolves, red beans, nine Mu Wang, Dayang creation, Georges Bai, Hinur, news birds and Busen shares 8 companies in the first three quarters of this year net profit has declined.

Among them, the seven wolf appeared the first decline in net profit since 2006, and its net profit fell by 7.35%.

< /p >

< p > for men's wear listed company's performance decline, some analysts believe that this is the sequel of male clothing company extensive expansion.

It believes that under the double pressure of terminal demand and sports brand "shop closing tide", men's wear brands have begun to feel the importance of meticulous management of channels.

However, the direct investment system construction and meticulous management investment will be larger, and in the short term, it may lead to a decline in performance.

< /p >