Adisseo’s Operating Revenues in the First Half of 2018 Ascended, But Net Profits Dropped Greatly

By CnAgri2018-09-12 17:10:08 Print The report showed Adisseo’s operating revenues in the first half of 2018 reached 5.75 billion RMB, up 16.58% year on year; net profits stood at 489 million RMB, down 15.27% year on year. The main reason for an increase in operating revenues is a great growth in liquid methionine sales, but, due to increasing material costs and low methionine prices for a long time, net profits descended greatly.
Judging from the products, operating revenues of functional products(methionine & byproducts, vitamin) accounted for 75.29%; operating revenues of special products (enzymic preparations, probiotics, organic selenium and products for ruminants) took up 19.23%; operating revenues of other products made up 5.48%.