Xinye'S Textile Profit Increased By More Than 3.5 Times &Nbsp In The First Quarter.

　　 Xinye textile (002087) on Tuesday, after the release of performance forecast, it is expected that the company's net profit in the first quarter of 2010 will grow by 350%-380% over the same period.

　　 achievement The sharp increase was mainly due to the low performance of the company in the same period last year. Since the beginning of this year, the demand for downstream industries has warmed up, and sales and sales of the company have been booming. Sales in the first quarter increased considerably compared with the same period last year. In addition, the company received a subsidy of 5 million 820 thousand yuan in the first quarter of this year, while the subsidy in the 09 quarter was received in the two quarter.

In the same period last year, the company achieved net profit of 3 million 325 thousand and 200 yuan and earnings per share of 0.0142 yuan.

Xinye textile Tuesday Closing Market It was 7.77 yuan, up 3.32%.