Sunday, 10 Jul 2011

Hubei Sanonda Co., Ltd. announced that it expects its net profit for the first half of fiscal year 2011 to increase by 50-80%, or to be RMB 18.6-22.34 million, compared to that of same period last year (RMB 12.41 million). The Company cited the sales growth and price increase of agricultural chemical products as the main reasons for this forecast.