Agrow is part 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


Jiangsu Yangnong falls in first half

Chinese agrochemical company Jiangsu Yangnong Chemical recorded sales of Yuan 959.6 million ($141.8 million at the current rate) in the first half of 2010, a drop of 12.5% on the same period last year. Insecticides, the company's largest product category, fell by 12.3% to Yuan 624.8 million ($92.3 million) during the period. Herbicides were down 13% to Yuan 334.8 million ($49.5 million). Domestic sales dropped 22.8% to Yuan 436.4 million ($64.5 million), while exports slipped by 1.7% to Yuan 523.2 million ($77.3 million). Poor domestic sales were partly due to reduced occurrence of insect pests, the company says. Manufacturing costs were down 13.1% to Yuan 762.3 million ($112.7 million). Net profit fell by 5.8% to Yuan 113 million ($16.7 million). Jiangsu Yangnong saw sales fall by 27.2% to Yuan 1,445 million ($213.6 million) in 2009 ( Agrow No 590, p 3).



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