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Chinagreen Biological Company: Mushroom revenues in first half of 2017 reached 149 million CNY

2017-09-11 16:47:22
According to semi-annual report of Jiangsu Chinagreen Biological Technology Co., LTD, in first half of 2017, the company realized 149 million CNY of revenues, with the year-on-year growth of 32.54%, and achieved net profits of 25.4553 million CNY, with the year-on-year decrease of 2.37%.
Main businesses of Jiangsu Chinagreen Biological Technology Co., LTD are R&D, production and marketing of fresh mushrooms. In 2016, the company generated 266 million CNY of revenues while net profits achieved 63.526 million CNY.
“Main revenues are derived from the cultivation of Enoki mushroom, and marketing of White beech mushroom, Hypsizygus marmoreus and other fresh mushrooms,” said related principal from Chinagreen Company, adding that they are going to constantly improve commercial model, enhance the development intensity to new mushroom products, positively exploit new markets, lift market share, strengthen the management on quality and internal control so as to elevate innovation ability and marketing level of the company.
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