InVivo to open Saudi office arynews.tv - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arynews.tv Daily Mail and Mail on Sunday newspapers.
InVivo will open a marketing
office in Saudi Arabia early next year as it seeks to secure new
outlets at a time of changing global grain demand, the French
agribusiness group s chief executive told.
Bulgaria s Agria Group Holding increases 2020 cons net profit, revenue Author: Agria Group Holding. License: All rights reserved.
SOFIA (Bulgaria), February 24 (SeeNews) - Bulgarian farming group Agria Group Holding [BUL:A72] said that its consolidated net profit rose to 12.6 million levs ($7.8 million/6.4 million euro) in 2020 from 11.3 million levs in 2019, backed by higher revenue.
Agria Group Holding s revenue grew to 351 million levs last year from 323.7 million levs in 2019, the company said in an annual financial statement, published on Tuesday.
The company s expenses increased to 338.2 million levs from 312.3 million levs, mostly due to a rise in cost of goods sold.
The holding company and its units invested 786,000 euro in the purchase of farm land in 2020, 570,000 euro in the expansion and modernisation of its storage facilities, and 1.9 million euro in the purchase of agricultural machinery.