Think Real News

rss

Think Real press releases and industry coverage


Shenghua Biok: revenue of pesticides -34.2% in 2016

Zhejiang Shenghua Biok Biology Co., Ltd. (Shenghua Biok) announced that it made revenue of USD145.7 million and net profit of USD34.1 million in 2016, respectively down by 0.46% and up by 68.4% YoY.

Shenghua Biok approved for investing USD244.4 million in acquiring online game company

On 20 May, 2016, Zhejiang Shenghua Biok Biology Co., Ltd. (Shenghua Biok) announced the conditional approval made by the China Securities Regulatory Commission on its proposal to acquire Blaze.Loong Group (Blaze.Loong). Accordingly, Shenghua Biok planned to invest USD244.4 million (USD122.2 million in cash + USD122.2 million by share) in acquiring 100% of stake in Blaze.Loong, an online game developer and distributor (as an agent), and to make a private placement targeted at the actual controlling shareholder, Shen Peijin, for a sum of <=USD229.2 million.

 

Shenghua Biok’s 2015 pesticide revenue drops 53.5% year on year to USD33.5 million

Zhejiang Shenghua Biok Biology Co., Ltd. (Shenghua Biok) earned a decreased revenue but an increasing net profit in 2015, according to its 2015 annual report released recently. Specifically, the company’s revenue fell by 24.8% to USD156.2 million year on year, while its net profit reached USD21.6 million, a 68.7% increase over last year.

 

Shenghua Biok to sell biopesticide subsidiary for USD11.8 million

At the end of November 2015, Zhejiang Shenghua Biok Biology Co., Ltd. (Shenghua Biok, a Chinese pesticide producer mainly engaged in dicamba and abamectin) announced the plan to transfer its 100% of shares in Inner Mongolia Biok Biology Co., Ltd. (Inner Mongolia Biok) to Hebei Shengxue Dacheng Pharmaceutical Co., Ltd. (Shengxue Dacheng), for USD11.8 million.

 

Tags

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