Origin Agritech Sees FY24 Revenue $14.5M; Sees FY25 Revenue $24.75M; FY26 Revenue $40.6M; Sees FY27 Revenue $64.72M; Sees FY28 Revenue $92.32M; Sees FY29 Revenue $132M
Portfolio Pulse from Benzinga Newsdesk
Origin Agritech has released its revenue projections for the upcoming fiscal years, with significant growth expected from FY24 to FY29. The company anticipates revenues to increase from $14.5M in FY24 to $132M in FY29, driven by hybrid seeds, NEC, and GMO products.
July 23, 2024 | 12:04 pm
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Origin Agritech (SEED) has projected a significant increase in revenue from $14.5M in FY24 to $132M in FY29, driven by hybrid seeds, NEC, and GMO products.
The detailed revenue projections indicate a strong growth trajectory for Origin Agritech, driven by its diversified product offerings. This positive outlook is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100