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:
Sunvim Group Company Limited
sales of 4.81 billion Chinese Renmimbi [US$692.64 million]
of which 81%
was Textile Industry),
Henan Xinye Textile Co.,Ltd
(5.20 billion Chinese Renmimbi [US$747.38 million]
of which 56%
was Yarn), and
LianChuang Electronic Technology Co Ltd
(5.05 billion Chinese Renmimbi [US$727.12 million]
of which 36%
was Touch Display Industry).
Luthai Textile Company Limited reported sales of 6.41 billion Chinese Renmimbi (US$922.03 million)
December of 2017.
increase of 7.2%
versus 2016, when the company's sales were 5.98 billion Chinese Renmimbi.
The sales level in 2017 was fairly close to the level five years ago: in 2012, Luthai Textile Company Limited had sales
of 5.90 billion Chinese Renmimbi.
Sales of Cotton saw an increase
that was more than double the company's growth rate: sales were up
182.2% in 2017, from
12.62 million Chinese Renmimbi to 35.61 million Chinese Renmimbi.
Luthai Textile Company Limited also saw significant increases in sales in
Other (up 21.1% to 363.01 million Chinese Renmimbi)
Not all segments of Luthai Textile Company Limited experienced an increase in sales in 2017:
sales of Electricity fell 5.0% to 103.87 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).