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Total Profits of Sewing Machinery Industry See Negative Growth

Updated: 12/17/2014 6:22:53 PM

In the first ten months of this year, the prime business revenue of sewing machinery industry grew 3.76% year-on-year to near CNY 32.85 billion. The growth rate has been dropping down month by month since July. In the same period, the total profits of this industry for the first time presented a 2.53-percent negative growth to CNY 1.49 billion.

Source: China Textile Leader Express

Authority in Charge: China National Textile and Apparel Council (CNTAC)

Sponsor :China Textile Information Center (CTIC)

ISSN 1003-3025 CN11-1714/TS

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