You have a major mistake in your calculations! If you calculate 165 $ per ton (which is also a reasonable price per ton according to my experience), this 2.88m tons of bio fertilizers means revenues of 475.200.000 $!!
Of course KIWA will not get all this revenues in Anhui province, but for sure a very big part of it! Why?
When you read the news in detail, it is mentioned that "KIWA hosted several KEY China Government officials" and the "focus of the meeting was the proposed cooperation in promoting the bio fertilizers of KIWA biotech"!
Can you imagine, what this means for the revenues of KIWA, when they have that kind of strong support by the government? Especially, as all these environmental aspects are such a major concern in China in these days!
Furthermore, I like very much this part of the news:
"Mr. Li (the founder of KIWA) introduced an investment plan for major production bases NATIONWIDE"!!
Remember, only with the one production facility, which KIWA recently bought in Penglai, they will create revenues of around 33.000.000 $!! (just with one single customer!!) Just calculate, if they only open 10 production bases in China, they reach the range of 500.000.000 $ in revenues!! And 10 production bases in short term seems to be very realistic, when considering the size of China, as well as the strong, general support and demand for bio fertilizers!!
