Agria Corporation (GRO) Reports Breakeven Q4 Loss

Go back to Agria Corporation (GRO) Reports Breakeven Q4 Loss

Agria Reports Financial Results for the Fiscal Year Ended June 30, 2015

August 21, 2015 6:30 AM EDT

HONG KONG, CHINA -- (Marketwired) -- 08/21/15 -- Agria Corporation (NYSE: GRO) (the "Company" or "Agria"), a global agricultural company, today announced its financial results for the fiscal year ended June 30, 2015.

Note: All figures refer to the fiscal year 2015 unless otherwise noted. All comparisons are to the fiscal year 2014 unless otherwise noted.

Financial Highlights:

Revenue was $944.7 million, a decrease of 7.7%. Excluding changes in foreign currency exchange rates, revenue decreased 1.1% to $1.0 billion. Revenue decreased 16% in Seed and Grain, 5% in Crop Protection, Nutrients and Merchandise, and increased 2% for Rural Services.... More