Press Release: ADAMA Reports Results of Third -4-
Press Release: ADAMA Reports Results of Third -4-
In US dollar terms, sales in the region grew by 31.6% in the third quarter and by 36.3% in the first nine months of the year, compared to the corresponding periods last year, reflecting the impact of the strengthening of regional currencies, most notably the Australian Dollar and Chinese Renminbi.
以美元計算，該地區第三季度的銷售額同比增長31.6%，今年前九個月同比增長36.3%，反映了地區貨幣走強的影響，其中最明顯的是澳元和人民幣。
India, Middle East & Africa: Sales grew by 2.9% in the quarter and by 10.9% in the first nine months of the year, in CER terms, compared to the corresponding periods last year.
印度、中東和非洲：與去年同期相比，本季度銷售額增長了2.9%，按CER計算，今年前9個月的銷售額增長了10.9%。
The moderate growth in the region in the quarter was led by a noteworthy performance in South Africa, where the Company is benefiting from favorable cropping conditions and new product launches. However, growth in India is slowing as farmers missed some applications due to volatile weather conditions following a previously strong start to the monsoon season.
該地區本季度的温和增長是由南非的顯著表現帶動的，該公司在南非受益於有利的種植條件和新產品的推出。然而，印度的增長正在放緩，因為在雨季之前強勁的開局之後，由於動盪的天氣狀況，農民錯過了一些申請。
In US dollar terms, sales in the region grew by 4.6% in the quarter and by 12.2% in the first nine months of the year, compared to the corresponding periods last year, reflecting the impact of the strengthening of regional currencies compared to the USD, most notably the Israeli Shekel.
以美元計算，與去年同期相比，該地區本季度的銷售額增長了4.6%，今年前9個月增長了12.2%，反映了地區貨幣相對於美元走強的影響，其中最引人注目的是以色列謝克爾。
Table 3. Revenues by operating segment
表3.按運營部門劃分的收入
Third quarter sales by segment
按細分市場劃分的第三季度銷售額
Q3 2021 Q3 2020
USD (m) % USD (m) %
Crop Protection 1,041 90.7% 881 90.0%
Intermediates and Ingredients 106 9.3% 98 10.0%
Total 1,147 100% 978 100%
2021年第三季度2020第三季度美元(M)%美元(M)%農作物保護1,041 90.7%881 90.0%中間體及配料106 9.3%98 10.0%總計1147 100%978 100%
Third quarter sales by product category
按產品類別劃分的第三季度銷售額
Q3 2021 Q3 2020
USD (m) % USD (m) %
Herbicides 441 38.4% 345 35.2%
Insecticides 360 31.4% 329 33.6%
Fungicides 241 21.0% 207 21.1%
Intermediates and Ingredients 106 9.3% 98 10.0%
Total 1,147 100% 978 100%
2021年第三季度2020第三季度美元(M)%美元(M)%除草劑441 38.4%345 35.2%殺蟲劑360 31.4%329 33.6%殺菌劑241 21.0%207 21.1%中間體及配料106 9.3%98 10.0%總計1147 100%978 100%
Note: the sales split by product category is provided for convenience purposes only and is not representative of the way the Company is managed or in which it makes its operational decisions.
注：按產品類別劃分的銷售額僅為方便起見，並不代表公司的管理方式或運營決策方式。
Nine-month sales by segment
按細分市場劃分的九個月銷售額
9M 2021 9M 2020
USD (m) % USD (m) %
Crop Protection 3,152 90.7% 2,706 90.6%
Intermediates and Ingredients 324 9.3% 280 9.4%
Total 3,476 100% 2,987 100%
2021年900萬2020年900萬美元(M)%美元(M)%農作物保護3,152 90.7%2,706 90.6%中間體及配料324 9.3%280 9.4%總計3,476 100%2,987 100%
Nine-month sales by product category
按產品類別劃分的九個月銷售額
9M 2021 9M 2020
USD (m) % USD (m) %
Herbicides 1,390 40.0% 1,231 41.2%
Insecticides 1,066 30.7% 859 28.8%
Fungicides 696 20.0% 617 20.6%
Intermediates and Ingredients 324 9.3% 280 9.4%
Total 3,476 100% 2,987 100%
2021年900萬2020年900萬美元(M)%美元(M)%除草劑1,390 40.0%1,231 41.2%殺蟲劑1,066 30.7%859 28.8%殺菌劑696 20.0%617 20.6%中間體及配料324 9.3%280 9.4%總計3,476 100%2,987 100%
Note: the sales split by product category is provided for convenience purposes only and is not representative of the way the Company is managed or in which it makes its operational decisions.
注：按產品類別劃分的銷售額僅為方便起見，並不代表公司的管理方式或運營決策方式。
Further Information
進一步資料
All filings of the Company, together with a presentation of the key financial highlights of the period, can be accessed through the Company website at www.adama.com.
該公司的所有文件以及這一時期的主要財務亮點介紹都可以通過公司網站www.adama.com查閲，網址是：http：//www.adama.com/www.adama.com/www.adama.com。
About ADAMA
關於ADAMA
ADAMA Ltd. is a global leader in crop protection, providing solutions to farmers across the world to combat weeds, insects and disease. ADAMA has one of the widest and most diverse portfolios of active ingredients in the world, state-of-the art R&D, manufacturing and formulation facilities, together with a culture that empowers our people in markets around the world to listen to farmers and ideate from the field. This uniquely positions ADAMA to offer a vast array of distinctive mixtures, formulations and high-quality differentiated products, delivering solutions that meet local farmer and customer needs in over 100 countries globally. For more information, visit us at www.ADAMA.com and follow us on Twitter(R) at @ADAMAAgri.
阿達瑪有限公司是一家全球領先的農作物保護公司，為世界各地的農民提供防治雜草、蟲害和疾病的解決方案。阿達瑪擁有世界上最廣泛和最多樣化的活性成分組合之一，最先進的研發、製造和配方設施，以及使我們在世界各地的市場上的人們能夠傾聽農民的意見和從田間發想的文化。這一獨特定位使ADAMA能夠提供大量獨特的混合物、配方和高質量差異化產品，提供滿足全球100多個國家當地農民和客户需求的解決方案。欲瞭解更多信息，請訪問我們的網站www.adama.com，並在Twitter(註冊商標)上關注我們，電子郵件地址為@ADAMAAgri。
Contact
Wayne Rudolph Zhujun Wang
Global Investor Relations China Investor Relations
Email: ir@adama.com Email: irchina@adama.com
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聯繫人韋恩·魯道夫·朱駿王健林全球投資者關係中國投資者關係電子郵件：ir@adama.com電子郵件：irChina@adama.com------------------------- ------------------------
Abridged Adjusted Consolidated Financial Statements
經刪節的調整後合併財務報表
The following abridged consolidated financial statements and notes have been prepared as described in Note 1 in this appendix. While prepared based on the principles of Chinese Accounting Standards (ASBE), they do not contain all of the information which either ASBE or IFRS would require for a complete set of financial statements, and should be read in conjunction with the consolidated financial statements of both ADAMA Ltd. and Adama Agricultural Solutions Ltd. as filed with the Shenzhen and Tel Aviv Stock Exchanges, respectively.
以下簡略綜合財務報表及附註已按本附錄附註1所述編制。雖然它們是根據中國會計準則(ASBE)的原則編制的，但它們並不包含ASBE或IFRS編制完整財務報表所需的全部信息，應與ADAMA有限公司和ADAMA農業解決方案有限公司分別提交給深圳證券交易所和特拉維夫證券交易所的合併財務報表一起閲讀。
Relevant income statement items contained in this release are also presented on an "Adjusted" basis, which exclude items that are of a one-time or non-cash/non-operational nature that do not impact the ongoing performance of the business, and reflect the way the Company's management and the Board of Directors view the performance of the Company internally. The Company believes that excluding the effects of these items from its operating results allows management and investors to effectively compare the true underlying financial performance of its business from period to period and against its global peers.
本新聞稿中包含的相關損益表項目也是在“調整後”的基礎上列報的，其中不包括一次性或非現金/非運營性質的項目，這些項目不影響業務的持續業績，反映了公司管理層和董事會對公司內部業績的看法。該公司認為，在經營業績中剔除這些項目的影響，使管理層和投資者能夠有效地比較不同時期其業務的真實基本財務表現，並與其全球同行進行比較。
Abridged Consolidated Income Statement for the Third Quarter
第三季簡略綜合收益表
Q3 2021
USD Q3 2020 Q3 2021 Q3 2020
Adjusted([1]) (m) USD (m) RMB (m) RMB (m)
Revenues 1,147 978 7,425 6,769
Cost of Sales 829 691 5,366 4,785
Other costs 5 6 32 40
Gross profit 313 281 2,027 1,943
% of revenue 27.3% 28.7% 27.3% 28.7%
Selling & Distribution expenses 181 155 1,174 1,071
General & Administrative expenses 54 30 352 208
Research & Development expenses 18 17 114 116
Other operating expenses 1 2 5 11
Total operating expenses 254 203 1,645 1,406
% of revenue 22.2% 20.8% 22.2% 20.8%
Operating income (EBIT) 59 78 382 537
% of revenue 5.1% 7.9% 5.1% 7.9%
Financial expenses and investment
income 53 47 344 325
Income before taxes 6 31 38 212
Taxes on Income 36 2 233 14
Net Income -30 29 -195 198
Attributable to:
Non-controlling interest 0 0 0 0
Shareholders of the Company -30 29 -195 198
% of revenue -2.6% 2.9% -2.6% 2.9%
Adjustments -27 -26 -175 -177
Reported Net income attributable to the
shareholders of the Company -57 3 -371 20
% of revenue -5.0% 0.3% -5.0% 0.3%
Adjusted EBITDA 122 137 788 950
% of revenue 10.6% 14.0% 10.6% 14.0%
Adjusted EPS[2] -- Basic -0.0130 0.0120 -0.0839 0.0832
--
Diluted -0.0130 0.0120 -0.0839 0.0832
Reported EPS(2) -- Basic -0.0246 0.0012 -0.1592 0.0086
-- Diluted -0.0246 0.0012 -0.1592 0.0086
Q3 2021 美元2020年第三季度2021第三季度調整後([1](M)美元(M)人民幣(M)人民幣(M)收入1,147 978 7,425 6,769銷售成本829 691 5,366 4,785其他成本5 6 32 40毛利313 281 2,027 1,943收入佔比27.3%28.7%27.3%28.7%銷售及分銷費用181 155 1 174 1 071一般及行政費54 30 352 208研發費用18 17 114 116其他運營費用1 2 5 11總運營費用254 203 1,645 1,406佔收入的百分比22.2%20.8%22.2%20.8%營業收入(息税前利潤)59 78 382 537佔收入的百分比5.1%7.9%5.1%7.9%財務費用和投資收入53 47 344 325税前收入6 31 38 212所得税36 2233 14淨收入-30 29-195 198歸因於：非控股權益0 0 0公司股東-30 29-195 198佔收入的百分比-2.6%2.9%-2.6%2.9%調整-27-26-175-177報告的淨收入可歸因於公司股東-573-37120收入佔比-5.0%0.3%-5.0%0.3%調整後的EBITDA 122 137 788 950佔收入的百分比10.6%14.0%10.6%14.0%調整後每股收益[2]--基本-0.0130 0.0120-0.0839 0.0832 -- 稀釋-0.0130 0.0120-0.0839 0.0832報告每股收益(2)--基本-0.0246 0.0012-0.1592 0.0086--稀釋-0.0246 0.0012-0.1592 0.0086
Abridged Consolidated Income Statement for the First Nine Months
首九個月簡略綜合收益表
9M 2021 9M 2020 9M 2021 9M 2020
Adjusted([3]) USD (m) USD (m) RMB (m) RMB (m)
Revenues 3,476 2,987 22,488 20,890
Cost of Sales 2,459 2,082 15,909 14,565
Other costs 17 16 110 111
Gross profit 1,000 888 6,469 6,213
% of revenue 28.8% 29.7% 28.8% 29.7%
Selling & Distribution expenses 545 465 3,528 3,253
General & Administrative expenses 125 89 811 624
Research & Development expenses 53 51 341 354
Other operating expenses -6 -4 -37 -28
Total operating expenses 718 601 4,643 4,203
% of revenue 20.6% 20.1% 20.6% 20.1%
Operating income (EBIT) 282 287 1,827 2,010
% of revenue 8.1% 9.6% 8.1% 9.6%
Financial expenses and investment
income 144 121 930 844
Income before taxes 139 166 897 1,166
Taxes on Income 52 42 338 298
Net Income 86 124 559 868
Attributable to:
Non-controlling interest 1 0 7 0
Shareholders of the Company 85 124 552 868
% of revenue 2.5% 4.1% 2.5% 4.2%
Adjustments -86 -92 -556 -643
Reported Net income attributable to
900萬2021年900萬2020年900萬2021年1900萬調整後([3]美元(M)美元(M)人民幣(M)人民幣(M)收入3,476 2,987 22,488 20,890銷售成本2,459 2,082 15,909 14,565其他費用17 16 110 111毛利1,000 888 6,469 6,213收入佔比28.8%29.7%28.8%29.7%銷售和分銷費用545 465 3,528 3,253一般及行政開支125 89 811 624研發費用53 51 341 354其他運營費用-6-4-37-28總運營費用718 601 4,643 4,203佔收入的比例20.6%20.1%20.6%20.1%營業收入(息税前利潤)282 287 1,827 2,010收入佔比8.1%9.6%8.1%9.6%財務費用和投資收入144 121 930 844税前收入139 166 897 1 166所得税52 42 338 298淨收入86 124 559 868歸因於：非控股權益1 0 7 0公司股東85 124 552 868佔收入的百分比2.5%4.1%2.5%4.2%調整-86-92-556-643報告的淨收入可歸因於