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Weiqiao Textile Company Limited

Volatile cotton prices weigh on Weiqiao Textile H1

23 August 2016 | Michelle Russell

Weakened domestic and overseas demand for textile products and volatile cotton price fluctuations weighed on results for Weiqiao Textile Company in the first half of the year. ... read more


Falling cotton prices weigh on Weiqiao Textile FY

24 March 2016 | Leonie Barrie

Sluggish domestic and overseas market demand has continued to weigh on Weiqiao Textile Company Limited, China’s largest cotton textile producer, with the company citing "a dramatic drop in domestic cotton consumption" as one of its biggest challenges during the past year.... read more


Cotton policy and prices hit Weiqiao Textile FY

23 March 2015 | Michelle Russell

China’s Weiqiao Textile Company said it was affected by a persistent decline in cotton price, rising labour costs, shrinking downstream demand and the declining sales price of products in its last fiscal as earnings and sales fell.... read more


Weiqiao warns of “significant” profit fall

10 December 2014 | Richard Woodard

China’s Weiqiao Textile Company has warned of a significant decrease in profit for 2014, blaming the “drastic” fall in China’s domestic cotton prices.... read more


CHINA: Weiqiao H1 hit by lower sales volumes

26 August 2014 | Katie Smith

Lower sales volumes of yarn and grey fabric resulted in a double-digit first-half profit decline for China's largest cotton textile producer Weiqiao Textile Company.... read more


CHINA: Weiqiao sees "significant" FY profit increase

11 December 2013 | Katie Smith

China's largest cotton producer Weiqiao Textile Company has said it expects to record a "significant" increase in full-year net profit.... read more


CHINA: Weiqiao H1 profit soars as costs fall

27 August 2013 | Richard Woodard

Falling unit costs helped Weiqiao Textile Company to post significant increases in gross profit margin and net profit for the first half of the fiscal year.... read more


CHINA: Weiqiao Textile FY profit up despite flat sales

19 March 2013 | Petah Marian

China's largest cotton producer Weiqiao Textile Company saw full year profit shoot up as the company strengthened cost control and optimised its product mix. ... read more


CHINA: Weiqiao Textile H1 profit plummets 90%

20 August 2012 | Katie Smith

Chinese cotton textiles producer Weiqiao Textile has booked a significant decline in first-half net profit just two months after it issued a profit warning.... read more


CHINA: Weiqiao Textile issues first-half profit warning

18 June 2012 | Leonie Barrie

China's largest cotton textiles producer Weiqiao Textile has issued a first-half profit warning, blaming low cotton prices as well as weak demand.... read more


CHINA: Weiqiao Textile FY profits slump, sales drop

26 March 2012 | Katie Smith

Chinese cotton textiles producer Weiqiao Textile saw its full-year profits decline 90.3%, following decreased demand for products overseas. ... read more


HONG KONG: Weiqiao Textile FY soars on domestic demand

7 April 2011 | just-style.com

Weiqiao Textile Company Limited, the largest cotton textile producer in China, has nearly doubled its full-year profit thanks to government policies to stimulate domestic demand.... read more


HONG KONG: Weiqiao boosts first-half profit 38%

23 August 2010 | just-style.com

Chinese cotton textiles producer Weiqiao Textile Company Limited saw its profits soar in the first half of the year, thanks to booming domestic demand. ... read more


HONG KONG: Weiqiao Textile books 50% rise in FY profit

29 March 2010 | just-style.com

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.... read more


CHINA: Weiqiao Textile profits up, despite sales slip

7 September 2009 | just-style.com

Weiqiao Textile Company has reported an increase in its six months profits and earnings per share, despite a fall in revenues blamed on the economic crisis.... read more


CHINA: Slump in demand shrinks Weiqiao FY profit

30 March 2009 | just-style.com

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.... read more


CHINA: Weiqiao H1 profit falls 59.3%

16 September 2008 | just-style.com

Chinese cotton textiles producer Weiqiao Textile Company Limited has posted a 59.3% fall in its first-half profit to RMB2.7bn, with escalating operating costs mainly to blame.... read more


HONG KONG: Weiqiao profit increases 10.9% despite challenges

31 March 2008 | just-style.com

Textile manufacturer Weiqiao Textile Company said that its net profit attributable to shareholders rose 10.9% to CNY1.87bn for the 2007 fiscal year, in trading conditions described as challenging.... read more


HONG KONG: Weiqiao H1 profit up 11.5% on domestic demand

3 September 2007 | just-style.com

Strong domestic demand has helped China’s largest cotton textile producer, Weiqiao Textile Company Limited, to an 11.5% jump in first half profit.... read more


CHINA: Weiqiao Textile FY profit up 36% on strong sales

2 April 2007 | just-style.com

China’s largest cotton textile producer Weiqiao Textile Company Limited has posted a 35.7% jump in full-year profit after increased marketing and better product quality generated higher sales for the yarn and denim fabric maker.... read more