Jiangshan shares medium-term loss of 5.48 million yuan expected to lose three quarter

NetEase Finance July 26 News Jiangshan shares released 2010.5 Annual report in Shanghai on the evening of Monday.　　In the first half of 2010, Jiangshan shares to achieve sales revenue of 1.1 billion yuan, belong to the listed company's shareholders net profit-5.4824 million yuan, down 490.73%; basic earnings per share-0.0277 yuan, down 490.14%. Jiangshan shares said that during the reporting period, the company faced a very difficult external operating environment.　　On the one hand, the first half of freezing, drought, heavy rain and other extreme weather frequency, the company's domestic pesticide sales have a greater adverse impact; On the other hand, the domestic glyphosate industry overcapacity, the international market demand decline, the export of disorderly competition intensified, the company's main products glyphosate export sales are not smooth, the price continues to slump. Jiangshan shares also said that the export tax rebate policy adjustment, increased pressure on the renminbi appreciation, the company's three-quarter overhaul and other factors, the company's initial forecast 2010 1-September Cumulative net profit may be a loss.