Dow AgroSciences NZ FY sales jump 23 percent on Australian growth, loss widens

Sun, 23 Jun 2013

June 24 (BusinessDesk) – Dow AgroSciences (New Zealand), the local unit of Dow Chemical Co, reported full-year sales growth of more than a fifth as it sold more crop protection products in Australia, though costs to ramp up production widened its annual loss. Sales rose to $146.9 million in calendar 2012, from $119 million a year earlier, according to the New Plymouth-based company’s annual report. The net loss widened to $1.87 million from $742,000. The manufacturer of herbicides, pesticides and fungicides, which began life as Ivon Watkins...

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