2015 Annual Report: Net profit of RMB516 million, down 17.6% YoY

2015, the turnover of the Group was about RMB11.2 billion, down 0.6%, and the net profit was RMB516.3 million, down 17.6%Y3U
The amino acid division mainly includes the production and sale of MSG, fertilizer, starch sweeteners, sucthane, high-grade amino acid products and other related productsRevenue from sales of the amino acid division increased to approximately RMB10.26 billion in 2015, an increase of RMB3.1 or 3.1% over 2014, mainly due to an increase in the average selling price of MSG and an increase in sales revenue contribution from premium amino acid productsY3U
MSG is the company's main product, with MSG sales of approximately 947,435 tons in 2015, up 2.4% from 2014MSG's revenue in 2015 accounted for 57.2% of total revenue, helped by the lack of market consolidation and stable supply and demand of MSG, the average selling price of MSG increased year-on-year in the first three quarters of 2015, but decreased by about RMB1000 to RMB6,187 per tonne in the fourth quarterY3U
In 2015, the sales volume of Susine group reached 53,605 tons, as the average selling price of susine increased significantly to 10,293 yuan/tonne, an increase of 7.8% YoY, sales reached 590 million yuan, and total revenue increased by 5.1%Y3U
High-grade amino acid products (including proline, leucine, iaurea, glutamine and hyaluronic acid) were launched in Xinjiang in 2013 and sales increased to 490 million yuan in 2015 (340 million yuan in 2014)High-end amino acid market is still one of the group's major markets to explore and consolidate, the goal is to use research and development capabilities and resource advantages to create a number of high-end productsY3Uin 2015, the group's turnover was about RMB11.2 billion, down 0.6%, and its net profit was RMB516.3 million, down 17.6%Y3U
The amino acid division mainly includes the production and sale of MSG, fertilizer, starch sweeteners, sucthane, high-grade amino acid products and other related productsRevenue from sales of the amino acid division increased to approximately RMB10.26 billion in 2015, an increase of RMB3.1 or 3.1% over 2014, mainly due to an increase in the average selling price of MSG and an increase in sales revenue contribution from premium amino acid productsY3U
MSG is the company's main product, with MSG sales of approximately 947,435 tons in 2015, up 2.4% from 2014MSG's revenue in 2015 accounted for 57.2% of total revenue, helped by the lack of market consolidation and stable supply and demand of MSG, the average selling price of MSG increased year-on-year in the first three quarters of 2015, but decreased by about RMB1000 to RMB6,187 per tonne in the fourth quarterY3U
In 2015, the sales volume of Susine group reached 53,605 tons, as the average selling price of susine increased significantly to 10,293 yuan/tonne, an increase of 7.8% YoY, sales reached 590 million yuan, and total revenue increased by 5.1%Y3U
High-grade amino acid products (including proline, leucine, iaurea, glutamine and hyaluronic acid) were launched in Xinjiang in 2013 and sales increased to 490 million yuan in 2015 (340 million yuan in 2014)High-end amino acid market is still one of the group's major markets to explore and consolidate, the goal is to use research and development capabilities and resource advantages to create a number of high-end products Y3U
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