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Noposion sales up 7% in 2011

Chinese company Shenzhen Noposion Agrochemicals saw continued sales growth in 2011, with agrochemical revenues increasing by 7% to Yuan 1,534.2 million ($242.6 million at the current rate). Revenue growth slowed from an 11% increase in the previous year. Noposion's third-quarter sales fell by 12.5% to Yuan 257.7 million ($40.8 million), and the company made an operating loss of Yuan 5.6 million ($879,000) during the period ( Agrow No 628, p 9).



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