The logo is at the headquarters of the agricultural chemical maker Syngenta in Basel.
The Swiss agrichemicals and seeds group Syngenta reported a 25% drop in fourth quarter earnings due to higher raw materials and energy costs.
Syngenta, which plans to list within the next few months, has spent more on reorganising its business and set aside cash to cover macroeconomic uncertainties such as further raw material spikes or potential bad debts by customers.
The Chinese company said its earnings before interest, tax, depreciation and amortisation EBITDA dropped 25% to $900 million in the three months to December.
The growth in the seeds business boosted sales by 4% to $7.5 billion.
The company said that farmers accelerated their purchases earlier in the year due to supply concerns, which has led to a moderate fourth quarter growth.
The group continued to maintain higher prices in order to offset higher raw material and other costs, it added.
During 2022 Syngenta's sales increased 19% to $33.4 billion, while EBITDA rose 20% to $5.6 billion.
The company added 136 more MAP training and sales centres to expand its total to 628 sites in China, as part of the growth.
Syngenta, which competes with U.S. company Corteva and Germany's BASF and Bayer, was bought by ChemChina in 2017 for $43 billion and was merged with Sinochem Holdings Corp in 2021.