Verde s revenue grows 190%, with a 271% increase in EBITDA in full year 2022
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Press Release - MINING COM
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/EIN News/ (All figures are in Canadian dollars, unless stated otherwise.)
BELO HORIZONTE, Brazil, March 01, 2021 (GLOBE NEWSWIRE) Verde AgriTech Plc (TSX: “NPK”) (OTCQB: “AMHPF”) (
Verde” or the “
Q4 2020”) and for the year ended December 31, 2020 (“
FY 2020”). Audited financial results for Q4 2020 and FY 2020 will be reported and filed on SEDAR on March 30, 2021.
In Q4 2020 the Company sold 56,585 tonnes of its multinutrient potassium fertilizer, marketed and sold in Brazil under the K Forte® brand and internationally as Super Greensand® (the “
Product”), an increase of 76% in comparison to the 32,221 tonnes sold in the fourth quarter of 2019 (“
Q4 2019”). For the full year 2020, the Company sold 243,707 tonnes of the Product, an increase of 103% in comparison to 119,809 tonnes for the year ended December 31, 20219 (“