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Nantong Jiangshan Q1 sales up 8%

Chinese company Nantong Jiangshan Agrochemical and Chemical saw its first-quarter 2012 sales increase by 7.8% to Yuan 639.4 million ($101 million at the current rate). While the company made a loss of Yuan 4.7 million ($742,000) in the period, this was only a fraction of the Yuan 33.8 million ($5.3 million) loss it recorded in the first quarter of 2011 ( Agrow No 617, p 6). Agrochemicals made up 57.4% of the company’s total sales of Yuan 2,601 million ($410.7 million) last year ( Agrow No 638, p 5).

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