According to the information of Oriental Fortune Network, the reason for the loss of Nanning sugar industry is that the sugar price continues to fall, but the company's sugar production and sales, operating income, cash received from selling goods and providing services are all increasing, which can reduce the loss.
Nanning Sugar Co., Ltd., the largest state-owned listed company in China sugar industry, was established on April 26th, 1999, located at No.48, Hong Ting Road, Nanning, Guangxi. The company has six directly affiliated factories and nine holding subsidiaries. The company is mainly engaged in the manufacture and sales of machine-made sugar, all kinds of cultural paper, alcohol, compound fertilizer and other products.