GNC graincorp limited
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News: GNC Graincorp FY net profit down 3.7 pct to A$30.9 mln

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    16/11/16
    09:30
    Post #: 20647130

    Nov 16 (Reuters) - Graincorp Ltd (GNC)

    • FY net profit for period attributable to owners of graincorp down 3.7% to A$30.9 mln
    • FY revenue from ordinary activities up 1.8 percent to A$4.16 billion
    • Has declared a final dividend of 3.5 cents per share
    • expect to face continued challenges such as low global grain prices and a global oversupply of grain
    • We expect 2017 to be a stronger year for the grains businesses
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