Agrow is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By


Sanonda ahead 37% in first half

ChemChina subsidiary Hubei Sanonda recorded a 37.1% increase in sales of "agricultural chemicals" to Yuan 1,557.5 million ($252.6 million at the current rate) in the first half of 2013. The company classifies both pesticides and chemical fertilisers as "agricultural chemicals". This category operated with a profit margin of 18.6% in the first half, up 6.2 percentage points on the same period last year. Sanonda’s agricultural chemical sales increased by 14.6% to Yuan 2,335.8 million ($378.8 million) in 2012 (Agrow No 662, p 5). Net profit was over five times the figure of 2012, at Yuan 127.5 million ($20.7 million). The company manufactured 33,200 tonnes of chemical pesticides during the six-month period, an increase of 58.8% on the same period last year. Makhteshim-Agan Industries, also a ChemChina subsidiary, is seeking to make an offer for a 20% stake in Sanonda (Agrow No 670, p 10).


What to read next




Ask The Analyst

Please fill in the form below to send over your enquiry or check the Ask The Analyst Page to find out more about the service

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts