Agria Corporation (GRO) Reports Breakeven Q4 Loss

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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