Company: CRESW
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001654954-25-012195
Chunk: 265

Company: CRESUD INC
Filing Date: 2025-10-24
Form: 20-F
Item: Item 5
Chunk 265
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Agricultural Business

Agricultural Production. Revenues from the Agricultural Production segment decreased by 12.6%, from ARS 374,179 million for the fiscal year ended June 30, 2024, to ARS 326,975 million for the fiscal year ended June 30, 2025. Such decrease is mainly attributable to:

·                                               ARS 61,577 million decrease in revenues from crop sales, as a result of the decline in international commodity prices (USD/Tn) and a reduction in the volume of tons traded in Argentina, partially offset by an increase in the volume traded in Brazil;                                            
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·   ARS 749 million decrease in revenues from leases and services, was mainly due to lower lease income, following the termination of one of the lease agreements related to the Los Pozos property (3,697 hectares). This was partially offset by higher revenues from seed multiplication services, driven by an increased volume of tons invoiced;
·   ARS 9,176 million increase in revenues from cattle sales, due to improved price performance in Argentina; and                                                                                                                                                                                                                                    
·   ARS 5,946 million increase in revenues from sugarcane sales, resulting from a higher volume of tons traded and better prices.                                                                                                                                                                                                                    
Others. Revenues from the Others segment decreased by 6.3%, from ARS 129,435 million for the fiscal year ended June 30, 2024, to ARS 121,291 million for the fiscal year ended June 30, 2025. This variation is mainly explained by an ARS 8,144 million decrease in revenues from brokerage, consignment, and others.
Urban Properties and Investment Business

Shopping Malls. Revenues from the Shopping Malls segment increased by 8.0% from ARS 250,468 million during the fiscal year ended June 30, 2024, to ARS 270,531 million during the fiscal year ended June 30, 2025. Rental income increased by 5.8% compared to the prior year, mainly due to changes in lease negotiations with tenants and to a higher income from retail stands. During the fiscal year ended June 30, 2025, the increase in revenues was mainly due to: (i) an increase of ARS 44,813 million in base rental revenues, mainly explained by contract renegotiations under more favorable terms; (ii) an increase of ARS 3,164 million in parking