Detail akcie China Gren Agric Rg online

Business Summary: China Green Agriculture, Inc. is engaged in the research, development, production and sale of various types of fertilizers and agricultural products in the People's Republic of China (PRC) through its Chinese subsidiaries, Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd. (Jinong) and Beijing Gufeng Chemical Products Co., Ltd. (Gufeng), and its variable interest entity (VIE), Xi'an Hu County Yuxing Agriculture Technology Development Co., Ltd. (Yuxing). The Company's segments include Jinong (fertilizer production), Gufeng (fertilizer production) and Yuxing (agricultural products production). The Company's primary business is of fertilizer products, specifically humic acid-based compound fertilizer produced through Jinong, and compound fertilizer, blended fertilizer, organic compound fertilizer, slow-release fertilizers, water-soluble fertilizers and mixed organic-inorganic compound fertilizer produced through Gufeng.
Financial Summary: BRIEF: For the six months ended 31 December 2023, China Green Agriculture, Inc revenues decreased 23% to $40.2M. Net loss increased 73% to $7.2M. Revenues reflect Jinong (fertilizer production) segment decrease of 27% to $16.1M, Gufeng (fertilizer production) segment decrease of 24% to $18.6M, Yuxing segment decrease of 16% to $4.8M. Higher net loss reflects Others-Reconciling item 2 segment loss increase from $734K to $2.3M.