Huapont-Nutrichem up 18% in first nine months
Chinese chemical company Huapont-Nutrichem recorded a 17.9% increase in total sales to Yuan 3,774.2 million ($616.3 million at the current rate) in the first three quarters of 2014. The company’s sales included those of pharmaceutical products and agrochemicals for which separate sales figures have not been reported. Agrochemicals accounted for less than 50% of sales in the first half . Net profit on all business for the first nine months increased by 42.1% to Yuan 368.8 million ($60.2 million). Huapont-Nutrichem was China’s second-largest pesticide company in 2013 in terms of annual sales.