Wednesday, 13 Jul 2011

Nantong Jiangshan Agrochemical & Chemicals Co., Ltd. announced that it expects a loss of RMB 23.5 million for the first half of fiscal year 2011, compared to that of same period last year (RMB -5,482,442.50). The Company cited the increase of financial expenses and the low glyphosate price as the main reasons for this forecast.