Weiqiao revenue rises with economic recovery

摘要

China's largest cotton textile producer, Weiqiao Textile Company, hasrnachieved an year-on-year revenue growth of more than 30% during the first half of 2010, according to its half-year performance report. In monetary terms, the revenue for the period amounted to 8,304 million renminbi (approx. US$1221 million). Net profit attributable to equity holders was approximately RMB545 million ($80.2 million) representing an year-on-year increase of some 38% with earnings per share amounting to RMB0.46 ($0.07)..