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Yangnong down 11% in first three months

Chinese agrochemical company Jiangsu Yangnong Chemical recorded a 11.1% decrease in sales to Yuan 817.6 million ($124.6 million at the current rate) in the first quarter of 2016. Net profits for the period were down 21.3% at Yuan 95.1 million ($14.5 million). Yangnong was the fourth-largest Chinese agrochemical company in 2015 in terms of its annual sales.


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