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Nanjing Red Sun's net profit in Q1-Q3 soared by 50.8% in 2014

Nanjing Red Sun Co., Ltd.(Nanjing Red Sun), a listed pesticide enterprise in China, released its Q3 financial report on 23 Oct., 2014. Its revenue in the first three quarters of 2014 witnessed a slight growth of 1.6% over the same period of 2013 reaching USD810.0 million.

 

Redsun Biochemical’s paraquat AS substitute formulation approved of production

Recently, in the Ministry of Information and Technology of China (MIIT)’s latest published list of “pesticide products whose production licenses are planned to issue” the 20% paraquat Water Soluble Gel from Nanjing Redsun Biochemical Co., Ltd. (Redsun Biochemical) was approved.

 

Pesticide enterprises' road of IPO

After stopped more than a year, IPO re-opening early this year which gives stock market infuse new vitality. And at this time of the opening of the listing, several pesticide enterprises have also joined the IPO.