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Nutrichem: net profit sharply up by 43.7% YoY to USD46.0 million in 2017

In 2017, Beijing Nutrichem Company Limited (Nutrichem) made revenue of USD968.5 million, up by 34.7% year on year, and net profit of USD46.0 million, sharply up by 43.7% year on year.

 

Nutrichem appoints two new vice presidents

In early 2017, Beijing Nutrichem Co., Ltd. (Nutrichem) announced the join of two new employees, Jiang Shuo and Chen Ziping, who are appointed as vice presidents starting from 1 Jan., 2017. The former will be in charge of the market and production development while the latter of the company’s sustainable development.

 

Nutrichem to set up biotechnology subsidiary

On 28 April, 2016, Nutrichem Company Limited (Nutrichem) published an announcement on its plan to set up a holding subsidiary temporarily named Keji Dalong Biotechnology Co., Ltd. together with three natural persons by joint contribution. Registered capital of the new company, registered in Changping District of Beijing, is USD7.7 million, 51.0% of which or USD3.9 million is funded by Nutrichem.