Texhong Textile Group Ltd operates in the Yarn spinning mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Texhong Textile Group Ltd with three other
fabric manufacturers in Asia:
Kolon Corporation
of South Korea
(2018
sales of 4.30 trillion Korean Won [US$3.70 billion]
of which 44%
was Distribution Business),
Huafu Fashion Co Ltd
of China
(14.31 billion Chinese Renmimbi [US$2.04 billion]
of which 100%
was Cotton spinning industry), and
Arvind Limited
which is
based in India
(108.26 billion Indian Rupees [US$1.52 billion]
of which 57%
was Textiles).
Sales Analysis.
Texhong Textile Group Ltd reported sales of HK$22.68 billion (US$2.90 billion)
for the
year ending
December of 2018.
This
represents
an
increase of 20.2%
versus 2017, when the company's sales were HK$18.87 billion.
This was the third consecutive year of growth at Texhong Textile Group Ltd.
Sales of Garment Fabrics and Garments saw an increase
that was more than double the company's growth rate: sales were up
149.0% in 2018, from
HK$1.30 billion to HK$3.25 billion.
Texhong Textile Group Ltd also saw significant increases in sales in
Grey Fabrics (up 46.4% to HK$1.01 billion)
.