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Jiangxi Zhengbang agchem sales down 12% in 2016

Chinese company Jiangxi Zhengbang’s agrochemical sales were down 12.3% to Yuan 434.7 million ($63.2 million at the current rate) in 2016. Agrochemicals made up just 2.3% of total sales, which increased by 15.3% to Yuan 18,920.1 million ($2,748.3 million) in 2016. Net profit on total revenues shot up by 235.9% to Yuan 1,046 million ($151.9 million).

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