Huafeng Spandex net profit decreased by 45.8% in 2011H1, spandex industry entered into downturn

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Huafeng Spandex net profit decreased by 45.8% in 2011H1, spandex industry entered into downturn

Date:2011-09-13 Source:liaoyanhankun

Operating revenue of Huafeng Spandex reached RMB698 million, down 15.5% YoY; meanwhile, its net profit achieved RMB96.68 million, down 45.8% YoY. The main reasons for the decrease included econ...

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