trending Market Intelligence /marketintelligence/en/news-insights/trending/WpEKWqajR3nM057irw7eCA2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

GrainCorp fiscal H1 profit falls YOY

Blog

COVID-19 Impact & Recovery: LCD Outlook for H2 2021

Blog

COVID 19 Impact Recovery Media Telecom and Technology Outlook for H2 2021

Blog

COVID-19 Impact & Recovery: Technology Outlook for H2 2021

Blog

COVID-19 Impact & Recovery: Healthcare Outlook for H2 2021


GrainCorp fiscal H1 profit falls YOY

GrainCorp Ltd said its normalized net income for the fiscal first half ended March 31 came to 12 Australian cents per share, a decline of 5.1% from 13 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was A$28.6 million, a decline from A$29.9 million in the prior-year period.

Total revenue grew on an annual basis to A$2.07 billion from A$1.98 billion, and total operating expenses grew 10.3% year over year to A$2.08 billion from A$1.88 billion.

Reported net income fell 32.5% from the prior-year period to A$20.4 million, or 9 cents per share, from A$30.2 million, or 13 cents per share.