No.27  Edition, Sept.2017中文
Industry News » Listed NPK Companies Operating Revenues and Profits in the First Half of 2017 Both Dropped

Listed NPK Companies  Operating Revenues and Profits in the First Half of 2017 Both Dropped

Main listed NPK companies such as Kingenta, Xinyangfeng, Stanley, Sierte and Batian all released half-year reports of 2017. The details of performance are as follows:  

 

Kingenta: in the first half of 2017, operating revenues reached RMB 1,247,459.13, up 18.07% year on year; net profits stood at RMB 79,443.20, up 2.06% year on year.

 

Xinyangfeng: in the first half of 2017, operating revenues reached RMB 512,737.79, up 1.31% year on year; net profits registered RMB 43,047.96, down 7.90% year on year.

 

Stanley: in the first half of 2017, operating revenues stood at RMB 80,939.14, down 7.08% year on year; net profits reached RMB 20,435.71, down 45.88% year on year. 

 

Sierte: in the first half of 2017, operating revenues registered RMB 101,491.49, down 27.1% year on year; net profits reached RMB 9,088.33, down 27.66%.

 

Batian: in the first half of 2017, operating revenues reached RMB 83,194.28, down 9.11% month on month; net profits were RMB 1,125.55, down 82.45% year on year.

 

As a whole, in the first half of 2017, except for Kingenta, other NPK companies’ operating performance all dropped, especially Batian saw a drop of 82.45% in net profits. The main reasons for this phenomenon are a drop in agricultural production margins, a fall in farmers’ incomes and a weak demand; fluctuations in materials prices and environmental examinations.   



360截图20170914101632617.jpg

Previous      Next
Return to top