Shenghua Biok's sales up in third quarter
Chinese chemical company Shenghua Biok (Deqing) recorded sales of Yuan 655.1 million ($95.6 million at current rate) in the third quarter ending September 30th, an increase of 33.8% over the same period last year. Agrochemicals accounted for around 68% of the company's consolidated sales in the first half. Nine-month sales were Yuan 2,463.1 million ($359 million), an increase of 65.7% over the previous year. Over 80% of revenues were generated by exports in the first half ( Agrow No 551, p 4).