Verde Agritech (TSE:NPK) has released an update.
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Verde Agritech Ltd reported a challenging Q2 2024, with adverse weather conditions from El Niño leading Brazilian farmers to delay investments and hinder fertilizer demand. Despite a significant decrease in sales and revenue compared to the previous year, the company remains positive, citing advancements in product development and successful renegotiation of loan terms as hopeful indicators for future growth.
For further insights into TSE:NPK stock, check out TipRanks’ Stock Analysis page.
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