Flag Chemical’ Profit Up 78.27%
Jiangsu Flag Chemical has released annual performance and first quarter performance, showing that its operation revenue is RMB1.65 billion, a YoY growth of27.40%. Net profit attributable to shareholders of listed is RMB209 million, a YoY growth of 78.37%.
During the reporting period, Flag Chemical continued to introduce new products and explore new markets through technological innovation; the existing products have strong market competitiveness and strong market demand. Cyhalofop-butyl project will be invested.