AgriNurture [ANI 0.71 unch; 91% avgVol] [link] reported a Q1/24 net loss attributable of P27.8 million, down 1381% from its Q1/23 net income attributable of P2.2 million, and up 83% from its Q4/23 net loss of attributable of P161.6 million. ANI’s total revenue for the quarter was P570 million (down 47% y/y), with the largest drop coming from its “Export” business segment which saw its associated revenue fall 98% to just P6 million. ANI blamed this result to the “reduced volumes of China export clients” for its banana export business. The second-largest drop came from ANI’s “Local Distribution and Others” segment, which saw its associated revenue fall 41% to P80 million. ANI blamed this result on the “rationalization of operations pertaining to the fresh produce and commodities markets”.