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Article: Profits increase for wool textile industry
- Article from:
- Asian Textile Business
- Article date:
- September 1, 2003
- Author:
CopyrightCopyright Osaka Senken Ltd. Sep 2003. Provided by ProQuest LLC. (Hide copyright information)
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Incomplete statistics for the first quarter of this year, released from the China Wool Textile Industries Association, show that the domestic wool textile sector increased their total profits by 60% from the corresponding period of the preceding year to 420 million yuan (US$50.4 million), as 1,360 large wool textile companies received many orders for wool fabrics and apparel from abroad.
The total sales of wool textile mills ...