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Noposion’s agchem sales up 11% in Q1

Chinese company Shenzhen Noposion Agrochemicals' first-quarter agrochemical sales increased by 11.4% to Yuan 505.7 million ($80.7 million at the current rate) compared with the same period last year. Net profit rose by 9.9% to Yuan 48 million ($7.7 million). The company, which is one of China’s leading pesticide formulators focused on the domestic market, saw 2012 annual sales inch up 2.7% to Yuan 1,597.5 million ($254.8 million - Agrow No 663, p 7).



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