Day: September 11, 2020

The industry worked in July at 56.8% of its capacity

Installed capacity utilization during July was 56.8%, a lower level than in the same month in 2019 when it was 58.7%. The figures show that it is slowly recovering after the drop caused by the outbreak of the pandemic. The information provided yesterday by INDEC reveals the monthly evolution of the figures: June (53.3%), May (46.4%), April (42%) and March (51.6%). They have not yet reached the levels of February (59.5%).

Bioceres sales grew 46% during the second quarter

The Argentine biotechnology company Bioceres, which listed on the New York Stock Exchange, announced its financial results, reporting a 46% increase in sales of agricultural inputs during the second quarter of the year. At the same time, it reported a 17% increase in income during the last fiscal year, reaching $174.2 million.