Fertilizer Industry’s Performance in January ~ June


Twenty-five companies listed in the stock market realized an average net profit of RMB52.195 million each, a slip of 61% on the year-on-year basis. Eight companies were in the red, with Yuntianhua suffering a loss as much as RMB526 million.
Of the stock-listed companies, Shandong Kingenta, Shandong Stanley, Shenzhen Batian and Luxi Chemical enjoyed a profit increase on the year-on-year basis, thanks to their good control of product price against the backdrop of a sluggish market. Henan Xinlianxin Fertilizer Co., Ltd., listed in Hong Kong and Singapore, enjoyed a profit of RMB190 million in the first half of this year, up 8.9% on the year-on-year basis.
Kingenta, Stanley and Batian are NPK producers and Xinlianxin is a urea producer.
From “China Fertilizer Market Weekly Report”
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