Fengzhu Textile: 2017 operating income of 821 million yuan

Recently, Fujian Fengzhu Textile Technology Co., Ltd. (shareholding code: 600493) released its 2017 annual report. Fengzhu Textile achieved operating income of 821 million yuan in 2017, an increase of 7.75% year-on-year; the company realized operating profit of 34.834 million yuan, a decrease compared with the same period of last year. 37.48%; net profit attributable to shareholders of listed companies was 24,827,800 yuan, down 56% year-on-year; earnings per share was 0.09 yuan.

Fengzhu said the increase in operating income during the reporting period mainly due to the growth of export sales, while operating profit decreased mainly due to the decrease Xing Ye venture received during the period Cash dividends due and the period due to dyes and chemicals, energy, etc. The increase in prices has increased the unit cost of Fengzhu Textile and the gross profit margin has decreased compared with the same period last year.

Fengzhu Textile said that in 2017, China's textile industry “ going out ” has achieved initial results, and the industry backbone enterprises have significantly increased their awareness of international distribution. The global industry has carried out high-end resources, advanced technology research and development, brand channels and other fields in the upstream and downstream of the industry chain. Investment and mergers and acquisitions, building a new competitive advantage. In the future, the Chinese textile industry will actively respond to the national “One Belt, One Road ” initiative, continuously deepen the strategic thinking of globalization and increase the layout of the international market. Of course, the Chinese textile industry will face the dual effects of the realignment of the pattern and the development of the new era in the future.

For 2018, Fengzhu that will grasp the concept of a new era of industrial transformation and upgrading, speed up the upgrading, the use of smart technology, green technology, the construction of a new modern printing and dyeing factories, printing and dyeing industry to become the benchmark. Fengzhu will also strive from production, quality , technological innovation, marketing, financial management, project construction, and human culture construction. Among them, while consolidating old customers and deepening new customers, it will strengthen the development of overseas markets, focusing on major customers as the main growth point of the company's export business, and at the same time developing overseas customers with greater growth potential and increasing the company's exports. The proportion of operating income; optimize product structure, adhere to brand management, increase the brand awareness of fabrics, increase the added value of products; further strengthen the relationship with upstream and downstream, actively adjust product structure and strengthen the marketability of products according to demand information and popular trends. And profitability.