Operation status of the industrial textile industry from January to August 2020!

From January to August 2020, the industrial added value of the industrial textile industry increased by 60.9% year-on-year. Enterprises above designated size achieved operating income of 20,034 million yuan, a year-on-year increase of 31.16%; realized total profits of 25.331 billion yuan, a year-on-year increase of 237.95%; profit margin was 12.60 %, an increase of 7.71 percentage points year-on-year.

Among them, the output of regulated non-woven fabric enterprises reached 3,714,500 tons, a year-on-year increase of 13.10%, and their operating income was 112.105 billion yuan, a year-on-year increase of 56.89%; the total profit realized was 17.432 billion yuan, a year-on-year increase of 423.47%; the profit rate was 15.55%, a year-on-year increase 10.89 percentage points.

Guangdong Modern High-tech Fiber Co., Ltd. is a manufacturer specializing in the research and development, production and sales of PP yarn. Since its establishment, it has developed steadily. Currently, it has established more than 70 polypropylene FDY production lines, 8 POY production lines, and 2 DTY production lines. There are 12 BCF production lines and several other production research and development equipment. Last year, various specifications of PP yarn were nearly 30,000 tons.