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Switzerland Lida Textile: Orders Increased 290% In The First Half Year.

2010/9/17 11:01:00 57

Switzerland Lida Textile

  

Li Da, Switzerland

Group limited reported that the company's orders grew by 92% in the first half of 2010, and sales increased by 34%.

Textile sector

Return to profitability.


Lida in the first half of 2010

Textile system

The order reached 738 million 600 thousand Swiss francs, an increase of 290% over the 2009 orders, of which the largest increase in orders for short staple machines and technical components.

Most of the orders come from Turkey, India and China, and orders from customers in Indonesia, South Korea, Bangladesh and Pakistan are also considerable.

In the first half of the year, sales of products in Asia increased by 65% over the same period last year.


According to the analysis, most of the textile enterprises in the second half of 2009 were mainly used for factory replacement, and the new installation investment increased significantly in the first half of this year.

Reda carried out a structural reorganization in the first half of the year and implemented a cost reduction plan.

At the end of June, Lida stopped all short-term work of textile system factories.

It is reported that in the future, the company plans to continue to expand the product range of India and China so as to enhance the competitiveness of the company in the Asian market.

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