in this issue
Regions :: Middle East
Adama net loss widens
9:34 AM MDT | March 10, 2014 | Deepti Ramesh
Adama Agricultural Solutions (Tel Aviv), formerly known as Makhteshim Agan Industries, reports a net loss of $29.1 million in the fourth quarter of 2013 compared with a net loss of $21.9 million in the fourth quarter of 2012. Net income was affected by higher financing and tax expenses compared with previous years, Adama says. Fourth-quarter sales increased 13.1%, however, to $655.7 million, because of higher sales volumes and selling prices, partially offset by currency exchange rates, Adama says. For full-year 2013, Adama reports a 3.6% rise in net profits...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee