Origin Agritech Limited (SEED) Reports Q1 Loss of RMB1.23; New CEO Appointed

Origin Agritech Limited (NASDAQ: SEED) reported Q1 EPS of (RMB1.23), versus (RMB1.14) reported last year. Revenue for the quarter came in at RMB2.8 million, versus RMB3.8 million reported last year.

The Board of Directors of Origin announced Dr. William S. Niebur as the company's new President, CEO and Director. Dr. Gengchen Han will retain his position as Chairman of the Board, effective April 25, 2016.

Yasheng Yang and James Kang resigned their position as directors, effective April 25, 2016.

For earnings history and earnings-related data on Origin Agritech Limited (SEED) click here.

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