Rifa textile machinery industry shows its strength
Release Date:2005-04-11
Source:Yuanhang News reporter
Views:3395

According to the statistics of China Textile Machinery Industry Association, Zhejiang Rifa Textile Machinery Co., Ltd.'s 2004 industry ranking results are as follows:

    1. In 2004, the sales revenue of textile machinery industry products ranked 12th

    2. In 2004, the total profit of the textile machinery industry ranked No. 4

    3. The fourth place in the total profit and tax of the textile machinery industry in 2004

     As a private enterprise with strength and potential, Zhejiang Rifa Textile Machinery Co., Ltd., its sales revenue, profit and profit and tax rankings fully reflect the competitiveness of Rifa Textile Machinery's low cost and high added value. In 2004, although the production and sales of textile machinery products maintained a growth trend, due to energy shortages and continuous increase in raw material prices, production costs increased significantly, profit margins decreased, and economic benefits showed negative growth. In such a situation, Rifa Textile Machinery still created good economic benefits, reflecting the advantages and strength of a modern high-tech enterprise.