Jiangsu Lianfa Textile Co Ltd

Jiangsu Lianfa Textile Co., Ltd. manufactures and sells textile products through its subsidiaries, serving markets in China, Japan, Europe, the United States, and other international regions. Its product range includes fabric products such as long-staple cotton, textured, natural, and functional finishing fabrics; garment products including men's formal and casual shirts and women's formal shirts and casual wear; and high-count cotton, compact, and yarn-dyed yarns for woven fabrics. The company is also involved in yarn spinning, dyeing, weaving, finishing, and printing, as well as knitted and home textile fabric manufacturing and brand operations. In addition, it engages in thermal power generation, trading, logistics, new energy development, investment, research and experimental development, technology promotion and application, and loading, unloading, handling, and warehousing. It exports to approximately 36 countries. Founded in 1955, the company is headquartered in Haian, China.

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Lianfa Textile's 2026 Interim Net Profit Falls 89.48% Year-on-Year

Lianfa Textile released its 2026 interim report, with net profit attributable to the parent company of 19.373 million yuan, down 89.48% from the same period last year. Total operating revenue was 1.763 billion yuan, down 13.00% year-on-year. Net cash inflow from operating activities was 741 million yuan, up 29.33% year-on-year, marking three consecutive years of growth. The company's latest asset-liability ratio was 21.36%, gross margin was 18.77%, ROE was 0.47%, and diluted earnings per share was 0.06 yuan.

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