Cresud H1 Loss Narrows - Quick Facts

(RTTNews) - Cresud S.A.C.I.F. y A. (CRESY), a South American agricultural company, Tuesday reported a first-half net loss of 215.9 Argentine pesos or 0.44 peso per share, compared to a loss of 332.0 million pesos or 0.67 peso per share last year.

Agricultural Business Revenue climbed to 1.286 billion pesos from 788.7 million pesos last year.

Urban Properties Revenues grew to 1.74 billion pesos from 1.40 billion pesos.

The company expects good weather conditions for the current crop season. As of today, the planting progress is 88 percent and the firm plans to plant approximately 211,000 hectares in the region.