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Noposion sales up 27% in 2014

China’s leading pesticide formulator, Shenzhen Noposion Agrochemicals, recorded sales growth of 27.2% to Yuan 2,195.6 million ($352.5 million at the current rate) in 2014. The strong results follow a 9% rise in 2013. Despite the growth, the profit margin for the company’s agrochemical products dipped 2% as costs soared by 31.5%. Net profit rose 8% year-on-year to Yuan 194.5 million ($31.2 million).



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