Home breadcru News breadcru Company breadcru Texhong Textile profit jumps 40.2% in H1

Texhong Textile profit jumps 40.2% in H1

21 Aug '06
3 min read

To cope with the ever-increasing market demand of the high quality core- spun yarn and fabric products and to optimise economies of scale, the Group has been looking for low cost acquisition opportunities in the PRC. In July 2006, it acquired a state-owned textile factory from Yizheng Group and Changzhou Municipal Government at a consideration of RMB 98,577,901 (equivalent to approximately HK$94,786,443).

Texhong Textile Group Limited is one of the largest high value-added core- spun cotton textile manufacturers in the PRC and is a leading textile enterprise focusing on manufacturing high value-added core-spun cotton textile products.

Texhong Textile Group Limited

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