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The annual revenue of China Textiles Holdings (03778.HK) was about 1,107 billion yuan, a year-on-year decrease of about 22.8%
Gelonghui, March 26, 丨 China Textiles Holdings (03778.HK) announced that for the year ended December 31, 2023, the company's revenue was approximately RMB 1,107 billion, a decrease of approximately RMB 301.1 million or 22.8% from last year. The decrease in annual revenue was mainly due to a decrease in sales volume and average sales price of yarn products. Due to poor market conditions, sales volume decreased by about 6.9% from around 103,479 tons in the previous year to around 96,330 tons in the same year. The overall average sales price of the Group's yarn products decreased by 17.1% from about RMB 12,738 per ton in the previous year to
CHINA WEAVING: RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
China Textiles Holdings (03778.HK) plans to hold a board meeting on March 26 to approve the annual results
Gelonghui, March 8, 丨 China Textiles Holdings (03778.HK) announced that the company will hold a board meeting on March 26, 2024 (Tuesday) to (i) consider and approve the publication of the company's and its subsidiaries' annual results announcements for the year ended 31 December 2023, and (ii) consider the payment of a final dividend or other distribution (if any).
CHINA WEAVING: CLARIFICATION ON PROFIT WARNING ANNOUNCEMENT
China Textiles Holdings (03778.HK) Profit Alert: Expected consolidated net loss of about 26 million yuan in 2023
On March 4, Ge Longhui | China Textiles Holdings (03778.HK) announced that the Group is expected to record a consolidated net loss of approximately RMB 26 million for the year ended December 31, 2023, and a consolidated net loss of approximately RMB 13 million for the year ended December 31, 2022.
Ministry of Industry and Information Technology: Total textile industry profit increased 7.2% year-on-year in 2023
On January 29, data released by the Ministry of Industry and Information Technology showed that the total profit of the textile industry increased 7.2% year-on-year in 2023.
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