Luthai Textile Company Limited operates in the Broadwoven fabric mills, cotton sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Luthai Textile Company Limited with three other
companies in this sector in China:
Henan Xinye Textile Co.,Ltd
sales of 3.05 billion Chinese Renmimbi [US$451.98 million]
of which 100%
was Texile Industry),
Shijiazhuang Changshan Textile Company Limited
(8.90 billion Chinese Renmimbi [US$1.32 billion]
of which 76%
was Cotton Textile), and
Sunvim Group Company Limited
(4.20 billion Chinese Renmimbi [US$622.35 million]
of which 87%
was Textile Industry).
Luthai Textile Company Limited reported sales of 6.17 billion Chinese Renmimbi (US$915.56 million)
December of 2015.
a very small
increase of 0.1%
versus 2014, when the company's sales were 6.17 billion Chinese Renmimbi.
Despite this increase, sales are still
below the level achieved in 2013, when Luthai Textile Company Limited
reported sales of 6.48 billion Chinese Renmimbi.
Sales of Other saw an increase
that was more than double the company's growth rate: sales were up
450.5% in 2015, from
61.62 million Chinese Renmimbi to 339.26 million Chinese Renmimbi.
Luthai Textile Company Limited also saw significant increases in sales in
Clothing (up 3.2% to 5.67 billion Chinese Renmimbi)
Not all segments of Luthai Textile Company Limited experienced an increase in sales in 2015:
sales of Cotton fell 78.3% to 36.67 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).
Luthai Textile Company Limited also experienced decreases in sales in
Electricity (down 32.4% to 130.56 million Chinese Renmimbi)