trending Market Intelligence /marketintelligence/en/news-insights/trending/mpMuRTAFG0aIOZGxqCAD4A2 content esgSubNav
In This List

Chaoda Modern Agriculture fiscal H1 loss widens 6.5% YOY

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


Chaoda Modern Agriculture fiscal H1 loss widens 6.5% YOY

Chaoda Modern Agriculture (Holdings) Ltd said its normalized net income for the fiscal first half ended Dec. 31, 2014, amounted to a loss of 21 fen per share, compared with a loss of 19 fen per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of 679.4 million yuan, compared with a loss of 638.2 million yuan in the prior-year period.

Total revenue declined 24.0% on an annual basis to 619.0 million yuan from 814.7 million yuan, and total operating expenses decreased 7.2% on an annual basis to 1.70 billion yuan from 1.83 billion yuan.

Reported net income totaled a loss of 1.61 billion yuan, or a loss of 49 fen per share, compared to a loss of 1.22 billion yuan, or a loss of 37 fen per share, in the year-earlier period.

As of March 30, US$1 was equivalent to 6.21 yuan.