Sales for the six months ending Dec. 31, 2009, totalled $6,673,144, an increase of $1.6 million over sales of $5,072,246 for the six months ending Dec. 31, 2008. Some $871,378 of the increase resulted from the federal government’s AgriStability payment.

Total expenses for the most recent quarter are $160,193 lower than the same quarter the previous year as a result of lower borrowing costs and amortization.

The company generated net earnings of $49,027 for the three months ended Dec. 31, 2009, compared to a net profit of $11,404 for the three months ending Dec. 31, 2008. The net loss for the six months ending Dec. 31, 2009, was $54,663 compares to a net loss of $705,757 last year.

Net earnings for the 12 months ending Dec. 31, 2009, have increased to nearly $3,486,656 from trailing 12 month earnings of $1,991,769 at Dec. 31, 2008.

Bevo Agro is a leading North American supplier of propagated agricultural plants, growing and distributing vegetable, flower, berry and other plant seedlings. Bevo propagates quality seedlings and plants for wholesale vegetable greenhouse growers, field growers and nursery operators from its 34-acre production facility.