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GrainCorp Limited (ASX:GNC) has reported a 64 per cent full year net profit full, cut its annual payout and warned of challenges ahead.The grain handler generated a net profit of $50 million in the year to the end of September, down from $141 million the year before.Chairman Don Taylor says the company’s grains businesses contended with persistent dry weather, a smaller eastern Australian crop and the challenges associated with reduced grain volumes.Looking ahead GrainCorp expects the environment to remain tight for its grains businesses and warns the current eastern Australian harvest is expected to be below average.A final dividend of 5 cents per share has been declared, taking the full year payout to 20 cents per share.
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Last
$7.55 |
Change
-0.030(0.40%) |
Mkt cap ! $1.678B | |||
| Open | High | Low | Value | Volume |
| $7.57 | $7.58 | $7.53 | $21.27M | 2.816M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 5814 | $7.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.59 | 15758 | 3 |
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| Last trade - 16.11pm 30/07/2025 (20 minute delay) ? |
| GNC (ASX) Chart |