SHANGHAI, May 13, 2025-

Chinese nonwovens manufacturer Xinlong Holding Co. (Xinlong) released its earnings results for the first quarter (January to March) of 2025. Revenue decreased by 7.44% year on year to 99.47 million yuan ($13.8 million). Net profit attributable to owners of the parent was -937.71 thousand yuan (Q1 2024: -7.12 million yuan). Net profit attributable to owners of the parent after deducing non-recurring profit and loss was -2.97 million yuan (Q1 2024: -7.29 million yuan).

According to the company, it has been the first spunlace nonwoven manufacturer in China. Its subsidiaries Hainan Xinlong Nonwoven and Yichang Xinlong Hygiene Materials manufacture spunlace nonwoven. Its subsidiary Hunan Xinlong Nonwoven manufactures SMS spunmelt nonwoven and SSS spunbond nonwoven.

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