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Shanghai Challenge Textile Co., Ltd.
Shanghai Challenge Textile Hits Day Low at CNY 2.80 Amid Price Pressure
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Shanghai Challenge Textile Co., Ltd. Reports Strong Growth Amid Flat Financial Performance
Shanghai Challenge Textile Co., Ltd. reported its financial results for the quarter ending March 2025, highlighting a net profit of CNY 11.62 million, a 272.73% increase year-over-year. Revenue rose to CNY 560.23 million, with a notable reduction in raw material costs and improved inventory and debtor turnover ratios, indicating strong operational efficiency.
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