Zhejiang Xinao Textiles Inc. engages in the research and development, production, and sale of wool yarn, wool tops, and cashmere yarn in China and internationally. It offers worsted, woolen pure wool, and wool blended yarns; and woolen, worsted pure cashmere, and cashmere blended yarns. Its products are used in cashmere sweaters, wool sweaters, wool underwear, wool T-shirts, wool socks, other knitwear and woven fabrics. The company also offers merino and active wool. It exports its products. The company was formerly known as Zhejiang Xinao textiles Group Company LTD. and changed its name to Zhejiang Xinao Textiles Inc. in December 2007. Zhejiang Xinao Textiles Inc. was founded in 1991 and is based in Tongxiang, China.
Chinese Market Performance
7D7 Days: -1.1%
3M3 Months: 11.1%
1Y1 Year: 28.8%
YTDYear to Date: 11.5%
Over the last 7 days, the market has dropped 1.1%, driven by a loss of 2.4% in the Industrials sector. In contrast to the last week, the market is actually up 29% over the past year. Looking forward, earnings are forecast to grow by 24% annually. Market details ›
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