Does the shoelace ribbon factory make money?

Not making money. Shoelace ribbon processing factory has a low profit point and does not make money. Ribbon processing factory is a labor-intensive enterprise, and the production technology does not need to be very high-end. The entry level of OEM is low and the competition is too great. Therefore, the products produced by the ribbon processing factory can not raise prices, but can only be operated at a low profit. The bigger the ribbon processing factory, the bigger the processing fee, and the smaller the small scale.