However due to the delay in gaining RMP status for the nutritional formulation plant and longer lead times for planned product launches by key customers there were only minimal sales achieved for nutritional formulations in the first six months."
I'd be inclined to look at the above sentence pretty closely.
Take the "and " out and substitute "resulting in" changes the picture quite a bit.
Why are the customers having longer lead times?
"because" , there was a delay in gaining RMP status by BLT
This was the main factor IMHO
Anyway a nice bounce back.
Cheers