Origin Agritech Limited reported unaudited consolidated earnings results for the year ended September 30, 2012. For the year, the company reported revenues of RMB 552,111 against RMB 567,434,000 a year ago. Loss from operations was RMB 3,471,000 against income from operations of RMB 12,613,000 a year ago. Loss before income taxes was RMB 923,000 against income before income tax of RMB 949,000 a year ago. Net loss was RMB 2,785,000 against RMB 12,781,000 a year ago. Net loss attributable to the company was RMB 1,434,000 or RMB 0.06 per diluted share against net loss attributable to the company of RMB 23,079,000 or RMB 1.00 per diluted share a year ago. Net cash provided by operating activities was RMB 82,713,000 compared to RMB 37,457,000 a year ago. Purchase of plant and equipment was RMB 104,214,000 compared to RMB 56,332,000 a year ago.

The company expects earnings performance to improve as well in fiscal year 2013 with the growth focused businesses and rigorous cost management.