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Sichuan Guoguang agchem sales up 27% in 2016

Chinese company Sichuan Guoguang’s agrochemical sales were up by 26.9% to Yuan 465.5 million ($67.6 million at the current rate) in 2016. Agrochemicals made up 75.8% (60.6% in 2015) of total revenues in 2016, which rose by 1.5% to Yuan 614.3 million ($89.2 million). Net profit on total sales increased by 4.1% to Yuan 139.3 million ($20.2 million). South-western China was the company’s largest region, accounting for 23.2% of revenues. It was followed by south China (17.7%), east China (15.6%) and north China (15.2%).

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