Ceres Global Ag Corp., whose holdings include the new grain facility at Northgate, Sask., posted mixed annual results.
Revenue increased 37 percent to $528.5 million but its net loss rose to $13.7 million from a loss of $12.1 million last year. A write-down of $7.7 million on two port terminals in the United States weighed down results. Ceres increased the number of bushels handled, launched full operations of the Northgate elevator and built a fertilizer storage facility there.
Ceres has six storage and handling assets in the U.S. and Canada.
