Origin Agritech Grows Revenue by 77% Year-Over-Year, Records Net Income of $8.7 Million
Origin Agritech Limited (SEED)
US:NASDAQ Investor Relations:
originseed.investorroom.com
Company Research
Source: PR Newswire
Announces Filing of Annual Report on Form 20-F for Fiscal Year 2023BEIJING, Feb. 21, 2024 /PRNewswire/ -- Origin Agritech Ltd. (NASDAQ: SEED) (the "Company" or "Origin"), a leading Chinese agricultural technology company, today announced financial results for the year ended September 30, 2023.Management CommentaryDr. Gengchen Han, Chairman and CEO of Origin Agritech, stated, "This past year has been a pivotal year for Origin Agritech, marked by significant advancements that position us for an unprecedented phase of growth. Today, we are not looking at just the successes of the past year but are firmly focused on the future, particularly 2024, which we anticipate will be a landmark year for the Company.""We are particularly excited about the performance of our hybrid corn seed, which has outperformed expectations in 2023. Thanks to the outstanding performance of our new hybrid, we are projecting sales growth of over 30% in this segment alone. Also, our NEC (Nutritionally Enhanced Corn)
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News
- Origin Agritech Provides First Half Revenue Forecast and Updates Advancements in Hybrids and GMO Development [Yahoo! Finance]Yahoo! Finance
- Origin Agritech Provides First Half Revenue Forecast and Updates Advancements in Hybrids and GMO DevelopmentPR Newswire
- Origin Agritech Limited (NASDAQ: SEED) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Origin Agritech Limited (NASDAQ: SEED) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Origin Agritech Announces Breakthrough in High-Yield Corn Production Through Gene Editing [Yahoo! Finance]Yahoo! Finance
SEED
Sec Filings
- 3/14/24 - Form F-3
- 2/15/24 - Form 20-F
- SEED's page on the SEC website