Weiqiao Textile Company Limited Provides Earnings Guidance for the Second Half of Fiscal 2019

Weiqiao Textile Co Ltd is a China-based company principally engaged in the manufacture and sale of cotton yarn, grey fabric and denim and generation and sale of electricity and steam. The Company primarily operates its businesses through two segments. The Textile Products segment is mainly engaged in the production and sale of cotton yarn, grey fabric and denim. The Electricity and Steam segment mainly generates electricity and steam for internal use in the production of textile products and sales to external customers. The Company distributes its products within the domestic market and to overseas markets.