CGC costa group holdings limited

News: CGC Australia's Costa Group annual profit doubles

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    Aug 24 (Reuters) - Costa Group Holdings Ltd (CGC) , Australia's biggest horticultural firm, reported a doubling in full-year attributable profit, helped by strong performance in its produce and international segments and one-off items.

    Full-year profit attributable rose 99.5 percent to A$115.2 million ($84.28 million), from A$57.7 million last year. The net profit includes A$48.3 million gain from consolidation of 49 percent interest in Moroccan joint venture, African Blue.

    The firm announced a final dividend of 7.0 Australian cents per share, same as a year ago. ($1 = 1.3669 Australian dollars)

 
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