LUXEMBOURG (AP) _ Adecoagro SA (AGRO) on Thursday reported fourth-quarter net income of $9.6 million, after reporting a loss in the same period a year earlier.
The Luxembourg-based company said it had net income of 8 cents per share. Losses, adjusted for non-recurring gains, came to 5 cents per share.
The producer of agricultural products and renewable energy posted revenue of $252 million in the period.
For the year, the company reported that its loss narrowed to $772,000, or 1 cent per share. Revenue was reported as $887.1 million.
In the final minutes of trading on Thursday, the company's shares hit $4.45. A year ago, they were trading at $6.61.