2012 Annual Report and 2013 Quarterly Review of Textile and Apparel Industry Textile and Apparel Industry: Last year, revenue and net profit fell significantly. In the first quarter of this year, there was some recovery. In 2012, the total operating income of listed companies in the textile and apparel industry totaled 185.297 billion yuan, up 2.96% year-on-year; net profit attributable to shareholders of the parent company was 11.456 billion yuan. Yuan, a year-on-year decrease of 23.47%, has slowed down from the same period of previous years. Among them, the 2012 operating income of listed companies in the textile manufacturing industry fell 1.28% year-on-year, and the net profit attributable to shareholders of the parent company decreased by 55.20% year-on-year. The operating income of listed companies in the apparel textile industry increased by 6.90% year-on-year in 2012, and net profit attributable to shareholders of the parent company decreased by 6.10% year-on-year. In the first quarter of this year, driven by factors such as export recovery, the overall revenue growth rate and net profit growth of listed companies in the industry have both rebounded.

Apparel Home Textiles: Sluggish Consumption, Revenue Growth Decelerates Year-on-Year In the first quarter of this year, the apparel textile industry showed a declining growth rate with sluggish domestic consumption. The performance of companies such as leisure and men’s wear was generally lower than expected. The inventory turnover rate of the industry slowed down year-on-year, reflecting the industry's inventory problem; some companies' operating cash flow declined year-on-year. Although the gross profit margin of most branded apparel home textile companies has been steadily increasing, the increase in expenses has led to a decline in the net interest rate of some companies. From the perspective of the industry: the overall pressure of the casual wear industry is relatively high, the internal division of the industry is obvious, the rapid growth in the search engine, a slight improvement in the Senma clothing, the Meibang apparel is still lower than expected, the growth rate of the home textile industry slows down, and the wealth of Anna and Rolle Home Textiles is in line with expectations. Mengjie Home Textiles' performance surpassed market expectations; growth rate of the menswear industry slowed down, and the growth rate of the 2013 autumn and winter ordering meeting declined. Due to relatively low consumption, the annual growth rate of the income of the menswear companies may continue to decline; high-end men and women wear and outdoor The industry maintained rapid growth, and all quarterly reports were in line with market expectations. The growth of men's and women's shoes industry was stable. The turning point on Saturday's operation has not yet appeared, and the awareness of consumer brands has improved Aokang International.

Textile manufacturing: export pick-up drives textile companies to pick up earnings Textile manufacturing companies have higher income and export correlation

In the first quarter of this year, China's textile and apparel export grew rapidly under the background of a low base last year. Benefiting from the recovery of exports and the narrowing of the difference between domestic and foreign cotton prices, some leading textile companies have seen marked improvement in their performance.

Casual Shoes

Casual Shoes,White Casual Shoes,White Casual Shoes,Bata Casual Shoes

Huaying Shoes Co. Ltd , https://www.hya3shoes.com