Think Real News

rss

Think Real press releases and industry coverage


Lianhetech: net profit predicted to reach USD34.5-37.0 million in H1 2019

Lianhetech Holding Limited (Lianhetech) released its H1 2019 financial figures, expecting the net profit to increase by 4,100-4,400% year on year to USD34.5-37.0 million. In H1 2018, the company only made net profit of USD0.8 million, impacted by the environmental inspection.

 

Here is the keys to such a change.

1.          Lianhetech continued to maintain close cooperation with core clients and the prices of some self-produced and self-marketed products increased.

2.          The subsidiaries Jiangsu Lianhe Chemical Technology Co., Ltd. and Lianhetech (Yancheng) Co., Ltd. still suspended production because of the “3·21” explosion accident. The sales activities were dependent on the inventories. Whether they can restore production in H2 2019 remains to be seen.


Tags

glufosinate-ammonium MOA Jiangsu Lanfeng wheat Xanthan gum paraquat soybean Arysta dicamba pests & diseases Pests and Diseases carbendazim Jiangsu Jiujiujiu Winall Hi-Tech CCPIA Jiangsu Flag Hunan Haili Registration GM Export and Import ADAMA Rotam Corn Sinochem Jiangsu Changqing Limin Hubei Xingfa NEEQ Hubei Sanonda Veyong Bio-Chemical Baolingbao Jiangsu Yangnong Fuhua Group glyphosate pesticides Nanjing Redsun 草甘膦 Longlive Biotechnology Nantong Jiangshan environment protection Hailir RedSun lysine IPO Imidacloprid Policy Zhejiang Wynca Meihua Bio Metaflumizone Lianhetech Sugar Henan Lotus wheat head blight NATESC glyphsate Noposion QHT CNSA Lianhe Chemical Environmental Protection Sino-Agri Lier Chemical ICAMA Nutrichem Bayer Top 100 CAS Sevencontinent Export Limin Chemical Weifang Rainbow Fengle Seed 百草枯 DowDuPont spodoptera frugiperda Huapont-Nutrichem Shenghua Biok Crop and Seed MIIT Xiwang Food Zhejiang Xinnong Huaheng Biotechnology Jingbo Dow AgroSciences Market Dynamic mancozeb Pesticide Formulations Fufeng Group Company Dynamic Insight MOFCOM Syngenta Bayer CropScience COFCO Biochemical Output Nippon Soda Jiangsu Huifeng pyraclostrobin Hebei Veyong BASF Price seed treatment Shenzhen Noposion Anhui Guangxin Chlorpyrifos Sanonda MEP ABA Chemicals Jiangsu Kwin COVID Seed Shandong Qiaochang Qingdao Hailir Sipcam VB2 DuPont Registration Monitor ChemChina ABACHEM Shandong Luba Pakistan MARA FMC Glufosinate-P Project Monitor JPRI CAC Longping High-tech Beijing Yoloo Azoxystrobin Star Lake Bioscience Sichuan Hebang imazamox Fuhua Tongda pesticide Project Dynamic Zhongnongfa Seed Yongnong BioSciences Fall Armyworm Sino-Agri Leading Zhongbao Lvnong CAAS wheat scab