The First Professional Fabric Wholesale Market In Northeast China

Hangzhou Silk Enterprises Actively Respond To The Downturn In The Silk Market

Not only is the order reduced, but also the gross profit margin and net profit of the silk enterprises are greatly affected. Jiaxin silk is the only silk clothing enterprise listed on A shares. Data show that the net profit of Jiaxin silk has been increasing every year for three years, but its growth rate is decreasing year by year. The Silk Market in Hangzhou is in a downturn and the silk enterprises are actively coping with it.