Company: CRESW
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001654954-25-012195
Chunk: 169

Company: CRESUD INC
Filing Date: 2025-10-24
Form: 20-F
Item: Item 4
Chunk 169
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 agricultural practices and application of our accumulated knowledge and experience, we are able to enhance the value of our agricultural lands.

As of June 30, 2025, we owned land reserves in the region extending over more than 316,977 hectares of our own farmlands that were purchased at very attractive prices. In addition, we have a concession of 105,430 hectares as reserved.

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During this fiscal year, we added to our portfolio 1,703 productive hectares in the region: 1,022 hectares in Argentina and 681 hectares in Brazil though BrasilAgro.

Newly Developed Area     FY 2025               FY 2024  
--------------------------------------------------------
                       (hectares)                       
Argentina                    1,022                 1,300
Brazil                 681                         3,616
Total                        1,703                 4,916
Results

The following table shows the land transformation segment results for fiscal year 2025, compared to the preceding fiscal year:

                                                                  FY 2025                     FY 2024              YoY var        
----------------------------------------------------------------------------------------------------------------------------------
                                                                                                               2025 vs. 2024      
                                                                (in millions of ARS)                           %                  
Revenues                                                                   —                           —                     —    
Costs                                                                   (389   )                    (318   )             (22.3   )
Gross Loss                                                              (389   )                    (318   )             (22.3   )
Net result for changes in fair value of investment properties         12,467                     (10,392   )                 —    
Gain from disposition of farmlands                                    41,992                      73,352                 (42.8   )
General and administrative expenses                                      (86   )                     (88   )              (2.3   )
Selling expenses                                                      (1,552   )                  (1,658   )              (6.4   )
Other operating results, net                                           3,497                      19,151                 (81.7   )
Profit from operations                                                55,929                      80,047                 (30.1   )
Segment profit                                                        55,929                      80,047                 (30.1   )
Agricultural Production

Production

The following table shows, for the fiscal years indicated, our production volumes measured in tons:

Production Volume (1)        FY2025            FY2024            FY2023            FY2022            FY2021    
---------------------------------------------------------------------------------------------------------------
Corn                            237,951           348,302           291