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Firstextile AG: Newest uniform customer: China Mobile - Seite 2
578 
0 Kommentaresuccessfully having signed the framework agreement with China Mobile we
expect additional positive effects in our Uniform segment and we are
convinced that this will contribute to our performance substantially.
Therefore, together with orders of our other top clients, we neither worry
about our segmental performance, nor our overall performance in 2014."
Company profile
Firstextile is one of the leading manufacturers of high-end yarn-dyed
fabrics in the Chinese market. It also markets fabrics and shirts
specifically designed for uniforms used by Chinese government institutions
and enterprises, as well as its own branded men's wear for the Chinese
premium market segment. The company operates modern production facilities
in Jiangyin near Shanghai, China, which is one of the main centres of the
Chinese textile industry, and it focuses particularly on high
product-quality. Net proceeds from the successful completion of the IPO in
November 2012, will primarily be used to double annual production capacity
from the current 36 million metres to 72 million metres by the end of 2014.
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21.08.2014 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Firstextile AG
Lyoner Str. 14
60528 Frankfurt am Main
Germany
Phone: +49 (0) 69 6655 4416
Fax: +49 (0) 69 6655 4418
E-mail: ir@firstextile.de
Internet: www.firstextile.de
ISIN: DE000A1PG8V8
WKN: A1PG8V
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Stuttgart
End of News DGAP News-Service
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283309 21.08.2014
fabrics in the Chinese market. It also markets fabrics and shirts
specifically designed for uniforms used by Chinese government institutions
and enterprises, as well as its own branded men's wear for the Chinese
premium market segment. The company operates modern production facilities
in Jiangyin near Shanghai, China, which is one of the main centres of the
Chinese textile industry, and it focuses particularly on high
product-quality. Net proceeds from the successful completion of the IPO in
November 2012, will primarily be used to double annual production capacity
from the current 36 million metres to 72 million metres by the end of 2014.
---------------------------------------------------------------------
21.08.2014 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: Firstextile AG
Lyoner Str. 14
60528 Frankfurt am Main
Germany
Phone: +49 (0) 69 6655 4416
Fax: +49 (0) 69 6655 4418
E-mail: ir@firstextile.de
Internet: www.firstextile.de
ISIN: DE000A1PG8V8
WKN: A1PG8V
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Stuttgart
End of News DGAP News-Service
---------------------------------------------------------------------
283309 21.08.2014
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