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Aaron Spatz is the writer of SEC Live Filings Digest, detailing the news of companies trading on U.S. stock exchanges. The Filings Digest is but one component of the greater website SEC Live, which specializes in making SEC filings easy to read, research, navigate, and much more.
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  • Amira Earnings Rise 45% 0 comments
    Jun 18, 2014 11:24 AM | about stocks: ANFI

    Originally published at www.seclive.com

    Amira Nature Foods Ltd. (NYSE:ANFI) announced its financial results for the fourth quarter and full fiscal year 2014, posting marked increases in revenue and earnings on both a quarterly and annual basis. The global provider of Indian specialty rice saw quarterly revenue rise 33% from $140.2M to $186.6M while annual revenue increased 32.3% to $547.3M from $413.7M last year. Quarterly earnings jumped 45% from $18.1M and $0.24 per share to $26.4M and $0.47 per share. Annual earnings improved similarly, up from $52.4M and $0.63 per share to $75.5M and $1.04 per share. CEO Karan Chanana remarked that the company performed brilliantly, with great improvements to margins, sales, and income, setting the company up well for investments in its growth.

    Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: ANFI
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