Origin Agritech Limited Reports Unaudited Financial Results For Six Months Ended March 31, 2019
Origin Agritech Limited (SEED)
US:NASDAQ Investor Relations:
originseed.investorroom.com
Company Research
Source: PR Newswire
BEIJING, July 16, 2019 /PRNewswire/ -- Origin Agritech Limited (NASDAQ GS: SEED) ("Origin" or the "Company"), an agriculture technology and rural e-commerce company in China, today announced its unaudited financial results for the first half of FY2019 ended March 31, 2019. Origin prepares its financial statements in accordance with United States generally accepted accounting principles ("GAAP").FINANCIAL RESULTS OVERVIEWThe Company reported net revenue of RMB82.2 million (US$12.2 million) during the first half year of FY2019, compared to RMB3.6 million for the first half year of FY2018. The cancellation of the second closing of the seed business sales announced in July, 2018 means that the company is now back to the commercial corn seed business. This seed business reported the total gross profit of RMB19.0 million (US$2.8 million) for the first half of FY2019.Total operating expenses for the first half year of FY2019 was RMB18.1 million (US$2.7 million), down 57% from RMB42.0 million
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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
- 1/31/24 - Form NT
- SEED's page on the SEC website