News: GNC Australia's Graincorp sees higher full-year profit on rising demand

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    Feb 7 (Reuters) - Australian agribusiness firm Graincorp (GNC) on Monday said it expected fiscal 2022 profit in the range of A$235 million ($166.10 million) to A$280 million, citing high global demand for Australian grain.

    The company said it also expects good summer crop receivables in 2022 due to optimal weather conditions.

    ($1 = 1.4148 Australian dollars)

 
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