Migao Corp. see's 20% increase in yearly revenues

摘要

Chinese speciality potash fertilizer producer Migao Corp. said its revenues in the financial year ending March 31 were CAD 444.5 million ($356 million), a 20% increase year on year as higher sales and prices helped the company. As a result, Migao swung to a gross profit of CAD 47 million in the year compared with a gross loss of CAD 9.6 million in the previous year.