The two companies, Resin maker Nuplex and rural services company PGG Wrightson had struggled last year during global financial crises.

Both the companies had suffered due to debts, falling sales and falling share prices. But, the companies are now in a much sound shape.

Nuplex reported a half profit of $34.6 million, in comparison with about $5.6 million the previous year, whereas, PGG Wrightson gained around $4.1 million net profit for the half.

There are real signs of progress in sales too in case of Nuplex in China and Australia and the company reveals that New Zealand is also showing some signs of improvement. Positive reports were also announced this week by Tourism Holdings, which reported an unpredicted profit.

PGGW is functioning with Agria in three areas. Agria invested $33 million into PGG Wrightson Finance the previous year which has increased its equity to $100m and secured a BB rating from Standard and Poor's credit ratings agency which allows it to be relevant for the expansion to the Crown guarantee scheme.

PGG Wrightson is expecting a $24m profit for the full financial year to June 30 2010, as defined in its offer documents.