Picture of Australian Agricultural logo

AAC Australian Agricultural News Story

0.000.00%
au flag iconLast trade - 00:00
Consumer DefensivesConservativeMid CapSuper Stock

Australian Agricultural Company hits 1-1/2-month high on strong HY results

** Shares of Australian Agricultural Company AAC.AX rise as much as 4.2% to A$1.50, their highest since October 3

** Cattle-beef producer posts statutory net profit after tax of A$82.2 million ($53.28 million) in HY, compared with A$23.6 million in the prior corresponding period

** Co reports revenue of A$232.9 million in HY vs A$195.6 million in prior corresponding period

** Around 625,000 shares change hands, nearly 6x 30-day average

** AAC, up 5.7% YTD

($1 = 1.5427 Australian dollars)

 (Reporting by Keshav Singh Chundawat in Bengaluru)

 ((Keshav.singhchundawat@thomsonreuters.com))

Recent news on Australian Agricultural

See all news