Jilin's revenues surge despite covid measures
Local media have reported that Jilin Chemical Fiber, a north-eastern Chinese producer of viscose, bamboo and other fibres, achieved around $805 million or ¥5.13 billion in revenues during the first quarter (Q1), representing a year-on-year rise of 31%.
This is despite the effects of state-level epidemic prevention and control on the company’s workforce capacity during the month of March, in particular, when it was forced to begin operating with only one-third of its staff.
Specifically, Jilin’s production of carbon fibre, composite textile materials and raw silk all achieved record highs. Regarding viscose, product prices strengthened in Q1, Chinese media said. The supplier also reported a noticeable increase in bamboo fibre demand from customers in Pakistan, Turkey and India.
Jiuzhai Valley National Park in Sichuan province, China. Credit: Inggrid Koe via Unsplash
