In the first 8 months, the profit of Jiangsu textile machinery increased by nearly half year-on-year

According to statistics from the Jiangsu Textile Machinery and Equipment Industry Association, from January to August this year, the economy of the textile machinery and equipment industry in Jiangsu Province (according to the statistics of 43 key enterprises) has improved significantly compared to the same period of last year, with a total industrial output value of 6.132 billion yuan. Among them, the textile machinery output value was 3.2907 billion yuan and the spinner output value was 815.7 million yuan, which was an increase of 38% and 26% respectively from the same period of last year; the total profit was 430.5 million yuan, an increase of 48% over the same period of last year.

From January to August of this year, the sales value of textile machinery in Jiangsu Province was 3.038 billion yuan, and the sales value of spinners was 787.8 million yuan, an increase of 28% and 22% year-on-year respectively, of which the sales value of new products reached 1.383 billion yuan, an increase of 26% over the same period of last year. In the first eight months of this year, the output of textile machinery and spinning machinery in Jiangsu Province increased by 40% and 41% respectively year-on-year, the number of loss-making enterprises decreased by 30% compared with the same period of last year, and per capita profit increased by 48% compared with the same period of last year.