Interpretation Of The Three Quarter Of China'S Garment Enterprises Deficit 1 Billion 200 Million

This morning, the third quarter of the domestic garment enterprises prosperity index report was issued jointly by the National Bureau of statistics, China economic monitoring center and the economic daily news agency.

According to the index report, although the factory price of garment manufacturers maintained a 3.8% increase in the third quarter, exports also increased rapidly.

However, due to the decline in the level of sales profit, the cost of employment, production, pportation, financing and other factors, the losses of garment manufacturing enterprises increased significantly in the third quarter. The amount of loss increased by 124.7% over the same period last year, the growth rate of the company increased by 100.3%, and the amount of losses increased to 1 billion 240 million yuan.