Sichuan Textile Industry's Profit Growth Depends On Double-Edged Sword Of Quality And Price.

This year, the textile industry in Sichuan cotton And other raw materials prices fluctuate sharply, financial policy tightening, domestic and foreign Economics Under the influence of many unfavorable factors such as complex and changeable situation, we have maintained steady and rapid development in the first three quarters by actively responding to market risks and actively changing the way of development.

The operation of the industry is generally good.

According to statistics, in 1~9 months, the yarn production of textile enterprises above Designated Size reached 732 thousand tons, an increase of 36.39% over the same period last year, higher than that of the whole country by 7.4 percentage points, and cloth production of 1 billion 204 million meters, an increase of 20.57% over the same period last year, higher than that of 7.3 percentage points nationwide. yield 81 million 790 thousand, an increase of 55.9% over the previous year, 46.4 percentage points higher than the national level, and 481 thousand and 400 tons of chemical fiber production, an increase of 34.65% over the previous year, higher than the national 18.6%; Silk fabrics Output of 168 million meters, an increase of 15.9% over the same period.

1~9 months, the province's textile enterprises more than 5 million yuan projects completed the fixed assets investment 10 billion 729 million yuan, an increase of 46.51% over the same period, the actual investment accounted for 27.65% of the 12 provinces in the western region, ranking first, the growth rate is higher than the national textile industry 10.3 percentage points, indicating that Sichuan province to undertake the textile industry transfer pace continues to accelerate. However, compared with the major textile provinces in the Middle East, the textile industry in Sichuan has completed the fixed assets investment of only 486 billion 446 million yuan in the whole country, and there is a larger undertaking space for. The construction projects in the first three quarters of the province were 276, down 1.78% from the same period last year; 145 completed projects, an increase of 12.4% over the previous year, and 167 new projects.

In terms of sales, 1~9 month, the main business income of textile enterprises above Designated Size reached 80 billion 660 million yuan, an increase of 50.53% over the same period, which is 21.3 percentage points higher than that of the whole country. Textile and clothing exports dropped significantly, of which clothing exports were only 868 million US dollars, down 38.4% compared with the same period last year, which is obviously contrasting with the growth rate of 23.3% in the whole country. Textile exports 722 million US dollars, an increase of 4.4% over the same period last year, 21.5 percentage points lower than the national average level, and 155 million 155 million yuan of silk exports, an increase of 19.8% over the same period last year.

In terms of economic efficiency, the profitability of the industry is obviously supported, and the overall efficiency is higher than the national level. In 1~9 months, the total profit of textile enterprises above Designated Size reached 3 billion 378 million yuan, an increase of 64.34% over the previous year, which is 36 percentage points higher than that of the whole country. Among them, the cotton textile industry realized a profit of 2 billion 313 million yuan, an increase of 58.7% over the previous year, higher than the national average of 19 percentage points; the garment industry realized a profit of 740 million yuan, an increase of 99.2% over the previous year, higher than the national average 58 percentage points, and the chemical fiber industry achieved a profit of 300 million yuan, an increase of 53.2% over the previous year, which is higher than the national average of 300 million percentage points. According to the analysis, under the inflation environment, the price of textile and clothing at the terminal is rising continuously; the promotion of quality and price is the main reason to support the rapid growth of the profits of Sichuan textile enterprises, but this is a test for the endurance of the consumers.

Cost increase squeezing profit margins

Although the total amount of Sichuan textile industry is small, it is not obvious to the eastern coastal area, but the sustainable growth of textile industry is still facing many difficulties.