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

UsernamePublicRestriction
UsernamePublicRestriction

Sanonda continues to recover in third quarter

Chinese company Hubei Sanonda saw continued growth in the third quarter of 2011, posting sales of Yuan 469.8 million ($73.8 million at the current rate), an increase of 18.2% on the same period last year. Nine-month sales increased by 24.6% to Yuan 1,487.1 million ($233.5 million). “Agrochemicals”, which include pesticides and fertilisers, accounted for 93.3% of the company’s total sales in 2010 ( Agrow No 616, p 7). Net profit during the third quarter saw considerable growth, reaching Yuan 16.5 million ($2.6 million), more than quadruple last year’s figure. Net profit for the first nine months more than doubled to Yuan 36.2 million ($5.7 million). Sanonda’s agrochemical sales increased by 35.2% to Yuan 908.1 million ($142.6 million) in the first half ( Agrow No 623, p 6), showing recovery after a poor 2010, in which sales fell 8.9% to Yuan 1,384.5 million ($217.4 million, Agrow ibid).

Advertisement

Topics

What to read next

Advertisement
UsernamePublicRestriction

Register

AG005589

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

Cancel