Origin Agritech Limited provided earning guidance for fiscal year 2023. For the period, the company expects revenue to be between $12 to $13 million, representing an increase of 60% to 70% from fiscal year 2022 revenue of $7.4 million, net income to be between $16 to $17 million, which includes a one-time gain from the sale of a former office building of $19 million and expects fiscal year 2023 operating profit of approximately $2 million.
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