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:
LianChuang Electronic Technology Co Ltd
sales of 2.97 billion Chinese Renmimbi [US$448.71 million]
of which 49%
was Touch Display Industry),
Sunvim Group Company Limited
(4.37 billion Chinese Renmimbi [US$659.25 million]
of which 83%
was Textile Industry), and
Henan Xinye Textile Co.,Ltd
(4.09 billion Chinese Renmimbi [US$616.95 million]
of which 100%
was Texile Industry).
Luthai Textile Company Limited reported sales of 5.98 billion Chinese Renmimbi (US$903.21 million)
December of 2016.
decrease of 3.1%
versus 2015, when the company's sales were 6.17 billion Chinese Renmimbi.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Luthai Textile Company Limited had sales
of 6.08 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 65.6% decline
in Cotton, from 36.67 million Chinese Renmimbi to 12.62 million Chinese Renmimbi.
There were also decreases in sales in
Clothing (down 1.9% to 5.56 billion Chinese Renmimbi)
Electricity (down 16.2% to 109.35 million Chinese Renmimbi)
Other (down 11.6% to 299.80 million Chinese Renmimbi)