Profits up by almost 30% among Chinese tanners - leatherbiz: Leading n Leatherbiz

News

Profits up by almost 30% among Chinese tanners

07/03/2012
The China Leather Industry Association (CLIA) has announced that profit in China leather sector in 2011 reached $9.3 billion. Based only on the figures registered for the year by large-scale enterprises in the leather sector, the CLIA said profit levels had risen by 29.3%.

In terms of regions, Fujian Province had a 26.5% shares of total profits, followed by Henan Province with a 14.3% share, Hebei Province with 12.9% and Guangdong Province with 12.5%.

CLIA commented that growth in inland areas of China was much greater than in the more developed coastal areas of the country. Profits among large-scale tanners in Sichuan Province, for example, increased by 95.6% compared to the figure for that province in 2010.


Related stories:

Henan Prosper branches out 18/07/2014

Leatherbiz.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.