Operation Of China'S Textile Industry From January To October In 2020
From January to October 2020, the industrial added value of Enterprises above Designated Size in China's textile industry decreased by 3.7% year-on-year. Driven by the demand for epidemic prevention materials, the added value of industrial textiles industry increased by 58.6%, and that in October increased by 50.5%; the chemical fiber manufacturing industry maintained a low growth level, with a year-on-year growth of 1.1% in October.
From January to October in 2020, textile enterprises above Designated Size realized operating revenue of 3576.7 billion yuan, a year-on-year decrease of 10.7%; total profit of 148.1 billion yuan, a year-on-year decrease of 9.5%; the profit margin of operating income was 4.1%, basically flat on a year-on-year basis.
(according to relevant data of China Textile Industry Federation)
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