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Huafeng Spandex Increased By 760-81 Million Yuan In The First Quarter

2010/6/11 14:27:00 191

Clothing

   Huafeng Spandex (002064) The announcement was released at noon. It is estimated that the net profit attributable to the owners of the parent company in the first quarter of 2010 is about 760-81 million yuan.


The reason for the performance change is that in the first quarter of 2009, due to Global Due to the deep impact of the financial crisis, the demand of the domestic and international spandex market has shrunk seriously, the price of spandex products has dropped significantly, the industry is seriously short of start-up, and the operation is generally losing money. Since the second quarter of 2009, the demand of the downstream textile industry has gradually warmed up, the operating rate of the spandex industry has gradually increased, and the product price has gradually rebounded.


Since this year, the demand of downstream textile industry has continued to recover, and the price of spandex products has further rebounded. The production line of the company is fully loaded, and the production and sales of products are booming. The sales volume in the first quarter increased significantly compared with the same period last year, Gross profit margin The level has improved significantly.

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