The market for glyphosate and other pesticide products is picking up, Xin'an shares agrochemical business revenue of 3.014 billion in 2016

Time: 2020-09-14

Agri-Chem.net Chinese website reported: Zhejiang Xin'an Chemical Group Co., Ltd. (hereinafter referred to as "Xin'an Co., Ltd.") today released its 2016 annual report (revised edition). The announcement shows that Xin'an's 2016 operating income was approximately 6.802 billion, a year-on-year decrease of 7.41 %; The net profit attributable to shareholders of listed companies is approximately 77.56 million.

Among them, the sales income of agrochemical products for the year was 3.014 billion yuan, accounting for 45.3% of the total main operating income, which was a decrease of 561 million yuan or 15.69% from the previous year’s 3.575 billion yuan revenue, which was mainly due to the company’s leading product grass in 2016. Sales of Glyphosate series products decreased by 6.1% compared with the previous year.