Hailir Pesticides and Chemicals see net profit of Yuan317 million in the 3rd quarter, up 66.28% year on year
Date:11-01-2018
Recently, Chinese agrochemical company
Hailir Pesticides and Chemicals announced its 2018 3rd quarter report, which reveals the company’s business income in the 3rd quarter of Yuan1.6 billion, an increase of 43.61% year on year, the net profit attributable to the listed shareholders of Yuan 317 million, up 66.28% year on year.
In the first three quarters, Hailir achieved sales of imidacloprid technical of Yuan428 million, acetamiprid technical of Yuan231 million and pyraclostrobin technical of Yuan13.4698 million. In terms of product varieties, the sales of insecticide was Yuan467 million, fungicide was Yuan230 million and herbicide was Yuan136 million.
Hailir is a large agrochemical group engaged in research, production and marketing of pesticides and functional fertilizers, having been listed on the Shanghai Stock Exchange on the 12th January 2017. The annual sales of the group exceeds Yuan1 billion, and its subsidies include Qingdao Hailir Agricultural Materials, Qingdao Hailir Crop Protection, Qingdao Aodisi Biotechnical, Shandong Hailir Chemical and Qingdao Jiameite Plant Nutrition Engineering.
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