May 11 (Reuters) - Australia's Graincorp Ltd (GNC) said on Wednesday its first-half profit jumped about five-fold, as it reaped the benefits of soaring prices and demand for grains amid global supply constraints in the face of the Russia-Ukraine conflict.
The agribusiness firm said net profit attributable was A$246.0 million ($170.58 million) for the six months ended March, compared with A$51 million a year ago.
($1 = 1.4422 Australian dollars)
News: GNC Australia's Graincorp posts five-fold jump in first-half profit
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Mkt cap ! $1.756B | |||
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