Lutai A published its half year report recently. By the end of June, Lutai A witnessed income 1,842,366,000 yuan, down 0.85% year over year; profit 294,436,000 yuan, down 20.43%; net profit 263,569,000 yuan, down 19.68%.
Lutai A is a large vertical textile group, involving in cotton plant, spinning, dyeing, weaving, finishing and garment manufacturing. Its major products are high-end fabrics and OEM international brands.
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