Company: CRESW
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001654954-25-012195
Chunk: 267

Company: CRESUD INC
Filing Date: 2025-10-24
Form: 20-F
Item: Item 5
Chunk 267
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24.7% from ARS 85,840 million during the fiscal year ended June 30, 2024, to ARS 64,596 million during the fiscal year ended June 30, 2025. This decrease is mainly explained by a drop in international tourism arrivals as a result of reduced currency competitiveness in the country.
Others. Revenues from the Others segment increased by 25.2% from ARS 5,357 million during the fiscal year ended June 30, 2024, to ARS 6,709 million during the fiscal year ended June 30, 2025, mainly due to the greater number of congresses and fairs held at the Buenos Aires Convention Centre (LA RURAL S.A. - OFC S.R.L. - OGDEN S.A - ENTRETENIMIENTO UNIVERSAL S.A. - Unión transitoria - (administrator of the Convention and Exhibition Centre of the City of Buenos Aires)) and the fee charged by We are appa for the services of the APPA application for promotions and actions of the Shopping Malls.

Costs 2025 vs. 2024

Agricultural Business

Agricultural Production. The costs of the Agricultural Production segment decreased by 15.9%, from ARS 333,264 million for the fiscal year ended June 30, 2024, to ARS 280,439 million for the fiscal year ended June 30, 2025, primarily due to:

·                ARS 62,869 million decrease in crop sales costs, as a result of a lower volume of tons sold in Argentina, partially offset by a higher volume of tons sold in Brazil;              
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·   ARS 3,209 million decrease in lease and service costs, mainly due to lower lease costs in Brazil;                                                                                               
·   ARS 8,952 million increase in cattle sales costs, primarily as a result of a higher volume of kilograms sold during the current fiscal year compared to the fiscal year ended June 30, 2024; and
·   ARS 4,301 million increase in sugarcane sales costs, mainly due to an increase in the volume of sugarcane sold.                                                                                 
Costs of the Agricultural Production segment, measured as a percentage of revenues from this segment, decreased from 89.1% during the fiscal year ended June 30, 2024, to 85.8% during the fiscal year ended June 30,