Zhejiang Xinao Textiles Inc

Zhejiang Xinao Textiles Inc. researches, develops, produces, and sells wool yarn and intermediate products in China. Its offerings include worsted, woolen, and wool-blend yarns; coarse-spun and fine-spun pure cashmere and cashmere-blend yarns; wool tops; and cashmere yarns. It also provides combed, mercerized, shrink-resistant, and bassula wool tops, and engages in modification treatment, dyeing and finishing, and cashmere processing. Products are used in cashmere sweaters, wool sweaters, wool underwear, wool t-shirts, wool socks, other knitwear, and woven fabrics, and are sold to brand apparel retailers and OEM/ODM apparel manufacturers, as well as exported. Formerly known as Zhejiang Xinao textiles Group Company LTD., the company changed its name to Zhejiang Xinao Textiles Inc. in December 2007. It was founded in 1991 and is based in Tongxiang, China.

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Xinao Textiles reports net profit of 325 million yuan in 2026 interim results

Xinao Textiles released its 2026 interim report, with total operating revenue of 3.087 billion yuan and net profit attributable to the parent company of 325 million yuan. Net cash outflow from operating activities was 51.5948 million yuan, a decrease of 41.005 million yuan compared with the same period last year. The company's asset-liability ratio was 43.01%, gross margin was 21.19%, ROE was 8.66%, and diluted earnings per share was 0.34 yuan. The number of shareholders was 15,800, and the top ten shareholders held 55.18% of the total share capital.

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Xin'ao Shares Reports First-Half Net Profit of 325 Million Yuan, Up 20.23% Year on Year

Xin'ao Shares disclosed its semi-annual report, achieving operating revenue of 3.087 billion yuan in the first half, up 20.84% year on year; net profit attributable to shareholders of the listed company was 325 million yuan, up 20.23% year on year.

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