10 February 2012 05:03 [Source: ICIS news]
The company’s sales revenue rose by 0.06% year on year to CNY2.59bn in 2011 mainly because of the strong sales from its urea sector, the company said in a statement to the Shanghai Stock Exchange.
Its urea sector contributed CNY1.33bn to the revenue last year, up by 23% year on year, the company said.
However, the company’s net profit was affected by a loss of CNY100m from its TDI subsidiary, which ran its units at low operating rates last year in view of weak downstream demand, the company said.
Canzhou Dahua Group, a key fertilizer and TDI producer in
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