The Secret Of Sales Rebound Of Tianhong Textile Yarn

In the case of uncertain industry prospects, the world's largest core

One of the suppliers of Tianhong textile (quotes, information, commentary) (02678.HK) took the lead in getting out of the haze.

Tianhong textile yesterday issued a positive earnings warning. The profit for the 9 months ended September 30, 2012 has increased substantially compared with the same period last year.

However, the industry believes that the industry outlook is still uncertain.

In the first 9 months of this year, the rainbow group sold 179 thousand tons of yarn, exceeding the 134 thousand tons of yarn sold in the same period of 2011, an increase of about 30% compared to the same period last year.

Wang Jie, editor in chief of the first textile net, who is not optimistic about the prospects of textile industry this year, said that "Tianhong textile" is an exception. On the one hand, because it is the leader of the industry, its scale is large and its foundation is good, it can be supported; on the other hand, the main production base of enterprises in Vietnam has greatly strengthened competitiveness and reduced the risks they are facing.

At present, there are 12 production bases in Xuzhou, Taizhou, Nantong and Zhejiang in Jiangsu, and production bases are established in Vietnam and other places.

Moreover, the northern Vietnam project started smoothly in July 2012, which is conducive to the recovery of profitability and the scale of phase I project will be increased to 170 thousand spindles.

At the same time, reporters learned that in Guangdong and Jiangsu, some textile enterprises have bid farewell to the previous "low start up" or even "zero start" tragedy, nearly two or three months of overseas orders have obviously increased.

In response, an institutional researcher told reporters: "in the past two months, most textile mills actually started to pick up.

The arrival of the peak season of overseas traditional consumption is the main reason for the pick-up rate of textile mills.

However, this phenomenon may be a flash in the pan. "

Because

Affected by the dramatic changes in the global economy and financial markets, and with the restriction of the cotton import policy, the domestic textile enterprises are at present unstable.

Wang Qian told reporters that the textile industry will continue to be gloomy, and most of the textile enterprises are losing money, because of the scale constraints, especially the small and medium-sized enterprises in this adjustment is very difficult.