On the evening of the 21st, Xinan Co., Ltd. (600596,) announced the 2013 annual report shows that the company completed operating income of 676532.53 million yuan, an increase of 10.71% over the same period last year; attributable to the parent company's net profit of 43.5308 million yuan, an increase of 231.77 over the same period last year %.
It is understood that the main reason for the increase in operating income is that the sales price of the company's glyphosate product market increased slightly in 2013 compared with the previous year, which led to an increase in sales revenue of the company's pesticide products. The company achieved gross sales of 1.448 billion yuan, and the average gross sales margin was 21.41%, an increase of 7.98 percent year-on-year. The main reason was that the gross profit of glyphosate products was 988 million yuan, an increase of 649 million yuan over the same period of last year, and the gross profit margin increased by 15.81 percentage points.
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