China’s chemical fiber output ratio decreases by 2.38% in Jan. – Aug. 2020

Nov 10, 2020  |  by Zhao xh


From January to August 2020, China’s chemical fiber output was 38.27 million tons, a year-on-year decrease of 2.38%, and the decline was basically the same as that from January to July; operating income was 502.25 billion yuan, a year-on-year decrease of 15.5%, and the decline narrowed by 1.83 percentage points from January to July. The total profit was 11.10 billion yuan, a year-on-year decrease of 33.35%, and the decline narrowed by 3.01 percentage points from July; the operating income margin was 2.21%, a year-on-year decrease of 0.59 percentage points, and an increase of 0.24 percentage points from January to July.

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