CHINA: Slump in demand shrinks Weiqiao FY profit
A slump in demand brought on by the global economic downturn has led to a 68% cut in full-year profits at Weiqiao Textile, China’s leading cotton producer.
A slump in demand brought on by the global economic downturn has led to a 68% cut in full-year profits at Weiqiao Textile, China’s leading cotton producer.