Analysis of the operation of the textile industry from January to October 2020!

From January to October 2020, the industrial added value of enterprises above designated size in the textile industry decreased by 3.7% year-on-year, of which, driven by the demand for epidemic prevention materials, the added value of the industrial textile industry increased by 58.6%, and the month of October increased by 50.5% year-on-year; chemical fiber manufacturing remained unchanged Low-speed growth, with a 1.1% year-on-year increase in October.

From January to October 2020, textile enterprises above designated size achieved operating income of 3,576.7 billion yuan, a year-on-year decrease of 10.7%; realized total profits of 148.1 billion yuan, a year-on-year decrease of 9.5%; operating income profit margin was 4.1%, basically the same year-on-year.

Shanghai Jinci Industrial Co., Ltd. was established in March 2006. It is a large-scale entity company specializing in the production and sales of polypropylene fiber (PP yarn). The company’s products include polypropylene general-strength yarn, PP high-strength yarn, polypropylene anti-aging yarn, polypropylene plus Twisted yarn, PP hollow yarn, polypropylene fluorescent yarn, PP luminous yarn, polypropylene flame-retardant yarn, polypropylene air change yarn, etc.