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
(2018
sales of 4.80 billion Chinese Renmimbi [US$681.06 million]
of which 50%
was Touch Display Industry),
Henan Xinye Textile Co.,Ltd
(6.06 billion Chinese Renmimbi [US$859.41 million]
of which 63%
was Yarn), and
Sunvim Group Company Limited
(5.16 billion Chinese Renmimbi [US$731.77 million]
of which 80%
was Textile Industry).
Sales Analysis.
Luthai Textile Company Limited reported sales of 6.88 billion Chinese Renmimbi (US$975.52 million)
for the
year ending
December of 2018.
This
represents
an
increase of 7.3%
versus 2017, when the company's sales were 6.41 billion Chinese Renmimbi.
The sales level in 2018 was fairly close to the level five years ago: in 2013, Luthai Textile Company Limited had sales
of 6.48 billion Chinese Renmimbi.
Sales of Cotton saw an increase
that was more than double the company's growth rate: sales were up
183.9% in 2018, from
35.61 million Chinese Renmimbi to 101.09 million Chinese Renmimbi.
Luthai Textile Company Limited also saw significant increases in sales in
Others (up 14.3% to 414.93 million Chinese Renmimbi)
and
Electricity (up 48.7% to 154.47 million Chinese Renmimbi)
.