logo
Share SHARE
FONT-SIZE Plus   Neg

Adecoagro S.A.slips To Loss In Q4

Agricultural company Adecoagro S.A. (AGRO) reported a fourth-quarter net loss of $1.3 million, compared to net income of $44.8 million last year.

Gross sales for the quarter increased 2.9 percent to $151.7 million from last year's $147.4 million.

The company reported full year 2011 net income of $56.9 million, compared to a net loss of $44.8 million the previous year.

Gross sales for the full year 2011 increased 28.6 percent to $548.1 million from $426.3 million an year ago.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
HSBC is reportedly laying off about 100 of its senior investment bankers worldwide, as the banking giant strives to curb operating costs. According to reports, the London-headquartered bank will eliminate managing director and director level employees at the Global Banking and Markets division, as... Samsung Electronics Co., Ltd. (SMSN.L, SSNNF.OB, SSNLF.OB) will reportedly blame faulty batteries for last year's Galaxy Note 7 fiasco. According to a Wall Street Journal report, Samsung's investigation of Galaxy Note 7 smartphones found that some batteries were irregularly sized while others had... Federal investigators have closed their probe of a fatal crash that involved a Tesla Motors Inc. car eight months ago. The regulators said they have found no safety defects in the vehicle's automated driving system and that Tesla's Autopilot-enabled vehicles did not need to be recalled.
comments powered by Disqus
Follow RTT