Origin Agritech Reports Strong Financial Results for the First Half of FY2024 and Highlights Significant Advancements in GMO Corn Approval [Yahoo! Finance]
Origin Agritech Limited (SEED)
US:NASDAQ Investor Relations:
originseed.investorroom.com
Company Research
Source: Yahoo! Finance
company, today announced its unaudited financial results for the six months ended March 31, 2024 . The Company also provided updates on its key product developments and strategic initiatives. Financial Results Overview Revenue Growth: Origin Agritech reported net revenues of RMB 92 million US$13 million ) for the first half of FY2024, marking a substantial increase of 39.1% compared to RMB 66.1 million in the first half of FY2023. This growth reflects the strong demand for the Company's innovative crop solutions. Operating Expenses and Income: Total operating expenses decreased by 10% to RMB 13.4 million US$1.9 million ), down from RMB 15 million a year ago. This reduction is primarily attributed to efficiencies gained in general and administrative expenses, which decreased by 19% to RMB 6.7 million US$1million ). Consequently, total operating income for the first half of FY2024 was RMB 4.3 million US$0.6 million ), an improvement from an operating loss of RMB 0.2 million report
Show less
Read more
Impact Snapshot
Event Time:
SEED
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SEED alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SEED alerts
High impacting Origin Agritech Limited news events
Weekly update
A roundup of the hottest topics
SEED
News
- Origin Agritech Announces Revolutionary Gene Editing Breakthrough, Featured in Top Science Journal Nature [Yahoo! Finance]Yahoo! Finance
- Origin Agritech Announces Revolutionary Gene Editing Breakthrough, Featured in Top Science Journal NaturePR Newswire
- Origin Agritech Reports Strong Financial Results for the First Half of FY2024 and Highlights Significant Advancements in GMO Corn ApprovalPR Newswire
- Origin Agritech Receives GMO Safety Certificate for its Triple Stack Maize [Yahoo! Finance]Yahoo! Finance
- Origin Agritech Receives GMO Safety Certificate for its Triple Stack MaizePR Newswire
SEED
Sec Filings
- 6/3/24 - Form 6-K
- 5/14/24 - Form 6-K/A
- 5/14/24 - Form 6-K
- SEED's page on the SEC website