Harvest Minerals (GB:HMI) has released an update.
Harvest Minerals Limited, a London Stock Exchange-listed organic fertiliser producer, has reported a challenging year with a net loss of $3.18 million for 2023 following a drop in fertilizer prices due to normalized stocks. The company’s sales totaled 40,991 tonnes, partially affected by farmers delaying purchases in anticipation of price drops. Despite difficult market conditions, Harvest Minerals is taking measures to cut costs and is prepared to rebuild profitability when the market recovers.
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