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Sanonda sales up 26% in 2011

Chinese company Hubei Sanonda posted a 25.9% increase in “agrochemical” sales to Yuan 2,039.1 million ($322.4 million at the current rate) in 2011, almost matching the record revenues of Yuan 2,084.2 million ($329.6 million) that the company achieved in 2008 ( Agrow No 568, p 7). The company's “agrochemicals” category includes pesticides and fertilisers, and accounted for 92.7% of the company’s total sales before adjustments. Costs for the agrochemical division were up 25% to Yuan 1,764.8 million ($279.1 million).


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