Taiwan Textile Industry Showed "Lean And Fat" In October.

Subject to third seasons

Taiwan textile mid stream operators did not operate well in October, for example, the processing silk factory (1459) and Hongyi October, compared with September.

However, the industry analysis shows that although the operation of Taiwan's textile industry seems to be weak in October, there are two possible factors of abnormal climate and raw material price stabilization. In December, the operation is expected to change.

In October, its revenue was 219 million yuan, and its monthly sales decreased by 25.3%. In October, there was a rare peak season.

Another processing silk factory Hongyi October revenue of 171 million yuan, also reduced by nearly 10% compared with September revenue.

In view of the further development of the joint venture, the company expects that the gross profit margin in the fourth quarter is expected to be 4% higher than that in the first three quarters, due to the limited U price of the processing silk price.

However, last year, because of the unusual climate, especially in the winter, the weather was very cold and cold. The textile industry sold well, and the water level of many clothing brands decreased, and the additional products continued. The whole textile industry went all the way from last September to March this year. If there is a similar situation last year, the brand will catch up again, and the textile industry is expected to turn better in December.

Fu Mao, a Loom factory, received a low willingness to buy goods from downstream brands, with a revenue of 2 billion 907 million yuan in October and a monthly decrease of nearly 3%.

Fu Mao said that every year from August to November was the low season of weaving, which is similar to that of the same period last year.