Origin Agritech Limited announced unaudited consolidated earnings results for the full year ended September 30, 2016. For the year, the company reported revenues of RMB 335,251,000 compared to RMB 376,553,000 a year ago. Loss from operations was RMB 61,308,000 compared to income of RMB 1,340,000 a year ago. Loss before income taxes was RMB 75,397,000 compared to RMB 16,519,000 a year ago. Net loss was RMB 76,833,000 compared to RMB 17,814,000 a year ago. Net loss attributable to the company was RMB 65,578,000 or 2.87 cents per basic and diluted share compared to RMB 13,808,000 or 0.61 cents per basic and diluted share a year ago. Net cash provided by operating activities was RMB 47,905,000 compared to RMB 52,189,000 a year ago. Purchase of plant and equipment was RMB 15,714,000 compared to RMB 14,747,000 a year ago. Purchase of intangible assets was RMB 1,250,000 compared to RMB 4,884,000 a year ago. The year-over-year decrease in Revenue was mainly due to lower sales volume for corn and rice seeds as a result of market oversupply, increasing competition and a reduction in corn acres in the high single digits as measured by percentage. Market share for corn held flat with last year.