Jul 28
China: Birla group textile arm, Century Textiles & Industries Ltd (BOM:500040) witnessed a slump in the net profits for the first quarter of the current fiscal. The company stocks took a beating after the announcement by the company during trading hours.
Century Textiles’ first quarter results turned out to be discouraging as the net profits for the period fell by 29.08% to Rs.100.43 crore, while net sales too fell by 0.56% at Rs.1115.42 crore for the quarter ending June 2010.
The company stocks declined after the results announcement by the company. The stocks traded at Rs.453.10 down by 1.6% from its last week’s closing on the BSE.
Source: http://english.ctei.gov.cn/News/Companies/247320.htm
| Worldwide Importers of Automobiles & Spares | Worldwide Importers of Textile & Fabrics |
| Worldwide Importers of Readymade Garments | Worldwide Importers of Home Furnishings |
| Worldwide Importers of Food & Beverages | Worldwide Importers of Gemstone, Jewelry & Watches |
| Worldwide Importers of Chemicals & Pharmaceuticals | Worldwide Importers of Agricultural Machinery |