Refile: BUZZ-Australian Agricultural jumps most in six months as company swings to annual profit

Australian Agricultural

21/05/2026 04:00

Corrects grammatical error in headline

** Australian Agricultural Company's AAC.AX shares climb up to 4.25% to A$1.35, their highest level since April 1

** Stock logs its strongest intraday gain in nearly six months

** Beef producer swings to A$107.3 million  ($76.29 million) FY profit from a A$1.1 million loss, on revenue rise to A$422.1 million from last year's A$387.9 million

** Flags late‑period headwinds, particularly Middle East tensions, that are beginning to drive up energy, transport and production costs

** Stock remains under pressure, down 8.7% YTD

($1 = 1.4065 Australian dollars)

 (Reporting by Kumar Tanishk in Bengaluru)

 ((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))