HONG KONG: Weiqiao Textile books 50% rise in FY profit
China’s largest cotton textile producer, Weiqiao Textile Company Limited, has managed to lift its full-year profit by around 50% after cost and production cuts helped offset falling sales.
China’s largest cotton textile producer, Weiqiao Textile Company Limited, has managed to lift its full-year profit by around 50% after cost and production cuts helped offset falling sales.