AGRINURTURE Inc. (ANI) saw its consolidated revenues decline to P1.89 billion in the first half of 2023 from P1.96 billion in the same period last year amid a double-digit drop in export sales.
Export sales declined 29 percent to P555.46 million from P782.88 million due to lower export of bananas and other products. This was fueled by lower demand from China and stiffer competition from other Southeast Asian suppliers.
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