Australia's Graincorp drops on lower half-year profit

Graincorp

13/11/2025 02:52

** Shares of Graincorp GNC.AX down as much as 12.2% at A$7.86, their lowest since August 18; among top laggards on the S&P/ASX 200 benchmark index .AXJO

** Stock set for its weakest session since February 14, 2024, if current trend holds

** Agribusiness firm posts annual net profit attributable of A$39.9 million ($25.93 million), down 35.4% from a year before

** About 1.8 million shares change hands, 2.2x 30-day average volume

** YTD, stock up 8.9%, including the day's moves

($1 = 1.5389 Australian dollars)

 (Reporting by Sherin Sunny in Bengaluru)

 ((Sherin.Sunny@thomsonreuters.com;))