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Nantong Jiangshan sales up 21% in first half

Chinese company Nantong Jiangshan Agrochemical and Chemical recorded a 21% increase in agrochemical sales to Yuan 747.9 million ($117.2 million at the current rate) during the first half of 2011. Increased glyphosate herbicide manufacturing costs contributed to Nantong Jiangshan posting an operating loss of Yuan 22.6 million ($3.5 million) in the period. The company saw first-quarter sales increase by 8.2% to Yuan 592.9 million ($92.9 million - Agrow No 617, p 6).

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