Origin Agritech (SEED) Posts Narrower Q1 Loss

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Go back to Origin Agritech (SEED) Posts Narrower Q1 Loss

Origin Agritech Limited Reports Unaudited Financial Results For Three Months Ended March 31, 2015

May 5, 2015 6:00 AM EDT

BEIJING, May 5, 2015 /PRNewswire/ -- Origin Agritech Limited (NASDAQ GS: SEED) ("Origin", or the "Company"), a technology-focused supplier of crop seeds in China, today announced unaudited financial results for the second quarter ended March 31, 2015. Origin prepares its financial statements in accordance with generally accepted accounting principles (GAAP) of the United States.

FINANCIAL RESULTS OVERVIEW

The Company reported a net loss per share of RMB1.14, representing a significant improvement from the net loss per share of RMB1.95 in the same period last year. Since the Company doesn't... More