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2008 News Releases
 
 
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DateTitle 
12/10/08Agria Reports Third Quarter 2008 Financial Results
BEIJING, Dec 10, 2008 (MARKET WIRE via COMTEX News Network) -- Agria Corporation (NYSE: GRO) (the "Company" or "Agria"), an innovative China-based agri-solutions provider, today announced its financial results for the third quarter ended September 30, 2008. Revenues for the third quarter of 2008 were RMB 87.8 million (US$12.9 million), as compared to revenues of RMB 73.3 million for the third quarter of 2007. In the third quarter of 2008, gross profit was RMB 50.1 million (US$7.4 million)... 
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11/24/08Agria Announces Management and Board Changes
BEIJING, Nov 24, 2008 (MARKET WIRE via COMTEX News Network) -- Agria Corporation (NYSE: GRO) (the "Company" or "Agria"), an innovative China-based agri-solutions provider, today announced management and board changes. -- The Board has accepted the resignation of Kenneth Hua Huang effective November 30, 2008. Huang has served as chief executive officer of Agria since June 2, 2008. He was originally hired in July 2007 as co-chief executive officer. -- Guanglin (Alan) Lai... 
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11/11/08Agria Appoints New Directors
BEIJING, Nov 11, 2008 (MARKET WIRE via COMTEX News Network) -- Agria Corporation (NYSE: GRO) (the "Company" or "Agria"), an innovative China-based agri-solutions provider, today announced that it has increased the size of its board of directors from seven to nine directors with the appointment of Lee Joo Hai and Sean Shao as independent directors of the Company. Mr. Lee will serve as Chairman of the Corporate Governance and Nominating Committee. Mr. Shao will serve as Chairman of the Compe... 
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11/11/08Agria Updates Planned Third Quarter Reporting Schedule
BEIJING, Nov 11, 2008 (MARKET WIRE via COMTEX News Network) -- Agria Corporation (NYSE: GRO) (the "Company" or "Agria"), an innovative China-based agri-solutions provider, today announced the Company has not finalized the process of closing quarterly results and no longer intends to report financial results for the third quarter ended September 30, 2008 on November 13, as was previously planned. While there is no statutory deadline for a foreign private issuer to issue a quarterly earnings... 
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10/24/08Agria Updates Outlook for the Third Quarter and Full Year 2008
BEIJING, Oct 24, 2008 (MARKET WIRE via COMTEX News Network) -- Agria Corporation (NYSE: GRO) (the "Company" or "Agria"), an innovative China-based agri-solutions provider, today updated its outlook for the third quarter and full year 2008. Based on preliminary results, the company now expects revenue for the third quarter of 2008 to be at the high end of the company's prior outlook. The company previously expected third quarter of 2008 revenue to be in the range of RMB 76 million (US$11 m... 
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08/12/08Agria Authorizes ADS Repurchase Program
BEIJING, Aug 12, 2008 (MARKET WIRE via COMTEX News Network) -- Agria Corporation (NYSE: GRO) (the "Company" or "Agria"), an innovative China-based agri-solutions provider, today announced that its Board of Directors has authorized the Company's repurchase of up to US$10 million of its outstanding ADSs from time to time on the open market over the next 24 months. The timing and amount of any repurchase will be determined by the Company's management, based on market conditions, ADS price an... 
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08/12/08Agria Reports Second Quarter 2008 Financial Results
Beijing, China – August 12, 2008 – Agria Corporation (NYSE: GRO) (the “Company” or “Agria”), an innovative China-based agri-solutions provider, today announced its financial results for the second quarter ended June 30, 2008. Revenues for the second quarter of 2008 were RMB 143.3 million (US$20.9 million), as compared to revenues of RMB 160.7 million for the second quarter of 2007.  In the second quarter of 2008, gross profit was RMB 64.3 million (US$9.4 million) as compared to RMB 99.8 mi... 
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08/08/08Agria Schedules Conference Call to Discuss 2Q08 Financial Results
BEIJING, Aug 08, 2008 (MARKET WIRE via COMTEX News Network) -- Agria Corporation (NYSE: GRO) (the "Company" or "Agria"), an innovative China-based agri-solutions provider, today announced that it will hold a conference call to discuss the Company's financial results for the second quarter ended June 30, 2008 and business outlook. The call will be held on Tuesday, August 12, 2008 at 8:00 a.m. U.S. Eastern Time (8:00 p.m. August 12, 2008 Beijing time). The dial-in number for the live audio... 
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07/01/08Agria Announces Filing of Form 20-F With the SEC
BEIJING, Jul 01, 2008 (MARKET WIRE via COMTEX News Network) -- Agria Corporation (NYSE: GRO) (the "Company" or "Agria"), an innovative China-based agri-solutions provider, today announced it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2007 with the U.S. Securities and Exchange Commission on June 30, 2008. The Annual Report on Form 20-F can be accessed on the Company's investor relations website at http://ir.agriacorp.com/ under the SEC Filings section. ... 
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06/26/08Agria Reports 4Q07, FY07 and 1Q08 Financial Results
BEIJING, Jun 26, 2008 (MARKET WIRE via COMTEX News Network) -- Agria Corporation (NYSE: GRO) (the Company or Agria), an innovative China-based agri-solutions provider, today announced its financial results for the fourth quarter and year ended December 31, 2007, and for the first quarter ended March 31, 2008. Fourth Quarter and Full Year 2007 Results Revenues for the fourth quarter of 2007 were RMB 318.1 million (US$43.6 million), as compared to revenues of RMB 149.2 million for the fou... 
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06/25/08Agria Schedules Conference Call to Discuss 4Q07, FY07 and 1Q08 Financial Results
BEIJING, Jun 25, 2008 (MARKET WIRE via COMTEX News Network) -- Agria Corporation (NYSE: GRO) (the "Company" or "Agria"), an innovative China-based agri-solutions provider, today announced that it will hold a conference call to discuss the Company's financial results for the fourth quarter and year ended December 31, 2007, and financial results for the first quarter ended March 31, 2008, and business outlook. The call will be held on Thursday, June 26, 2008 at 8:00 a.m. U.S. Eastern Time (... 
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06/11/08Agria to Acquire Rights to Two Proprietary Corn Seeds
BEIJING, Jun 11, 2008 (MARKET WIRE via COMTEX News Network) -- Agria Corporation (NYSE: GRO) (the "Company" or "Agria"), an innovative China-based agri-solutions provider, today announced that it has acquired the production and sales rights to two proprietary corn seeds from NKY Company ("NKY"), a Beijing-based, privately held company. The financial terms of the acquisition were not disclosed. The proprietary seeds, JKN2000 and JKN120, were originally developed by the Beijing Academy of A... 
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06/02/08Agria Announces Agreements by P3A's Key Management and a Major Shareholder
BEIJING, Jun 02, 2008 (MARKET WIRE via COMTEX News Network) -- Agria Corporation (NYSE: GRO) (the "Company" or "Agria"), an innovative China-based agri-solutions provider, today announced that key management of Primalights III Agricultural Development Co., Ltd. ("P3A"), a consolidated affiliated entity of Agria, as well as Brothers Capital Limited ("BCL"), a major shareholder of Agria, and its directors, have each entered into agreements with the Company in connection with the proposed rel... 
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04/16/08Agria's Independent Auditors Commence 2007 Audit
BEIJING, Apr 16, 2008 (MARKET WIRE via COMTEX News Network) -- Agria Corporation (NYSE: GRO) (the "Company" or "Agria"), an innovative China-based agri-solutions provider, today confirmed that its independent auditors have commenced their audit of the Company's financial statements for 2007. About Agria Corporation Agria Corporation (NYSE: GRO) is an innovative China-based agri-solutions provider focusing on research and development, production and distribution of three different types ... 
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04/14/08Agria Intends to Vigorously Contest and Defend Allegations
BEIJING, Apr 14, 2008 (MARKET WIRE via COMTEX News Network) -- Agria Corporation (NYSE: GRO) (the "Company"), an innovative China-based agri-solutions provider, announced today that the Company has been named as a defendant in a securities class action filed in the United States District Court for the Southern District of New York. The complaint also names as defendants some of the directors and officers of the Company, as well as the control person of the Company with respect to alleged m... 
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04/08/08Agria Confirms No Disruptions to the Business; Agreements With P3A Remain Valid and Enforceable
BEIJING, Apr 08, 2008 (MARKET WIRE via COMTEX News Network) -- Agria Corporation (NYSE: GRO) (the "Company" or "Agria"), an innovative China-based agri-solutions provider, today confirmed that there have been no disruptions to its business due to Zhixin (Frank) Xue's recent resignation from his COO and director positions at Agria. In addition, the Special Committee of the Board of Directors of Agria continues its work on this matter. Mr. Xue and other members of management team of Primal... 
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04/07/08Zhixin (Frank) Xue Resigned as COO of Agria; Xue Will Remain Chairman of Primalights III Agriculture Development, Co., Ltd.
BEIJING, CHINA, Apr 07, 2008 (MARKET WIRE via COMTEX News Network) -- Agria Corporation (NYSE: GRO) (the "Company" or "Agria"), an innovative China-based agri-solutions provider, today announced the resignation of Zhixin (Frank) Xue from his positions at the Company, effective April 1, 2008. Prior to his resignation, Mr. Xue had served as the Company's chief operating officer ("COO") since June 2007 and as a director since August 2007. Mr. Xue will remain as the chairman and authorized l... 
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02/25/08Agria Expects to Reach High-End of Prior 4Q07 Guidance
BEIJING, Feb 25, 2008 (MARKET WIRE via COMTEX News Network) -- Agria Corporation (NYSE: GRO), an innovative China- based agri-solutions provider, today announced that the Company expects revenues for the fourth quarter of 2007 to reach the high-end of prior guidance. Prior guidance for revenues for the fourth quarter of 2007 was between approximately RMB 238 million (US$ 31.8 million) and RMB 253 million (US$ 33.8 million), representing year-over-year growth in the range of 60% to 70%, re... 
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02/04/08Agria Appoints David Pasquale as Senior Vice President
BEIJING, Feb 04, 2008 (MARKET WIRE via COMTEX News Network) -- Agria Corporation (NYSE: GRO), an innovative China-based agri-solutions provider, today announced that it has appointed David M. Pasquale to the position of Senior Vice President. In his new position, Mr. Pasquale will be based in New York and will be responsible for developing, implementing and leading Agria's investor relations and corporate communications initiatives, including proactive communication with equity research an... 
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