Brief: Graincorp Declares An Interim Dividend Of 12 AU Cents Per Share

Graincorp

10/05/2022 23:38

May 11 (Reuters) - Graincorp Ltd  GNC.AX :
    * DECLARED INTERIM DIVIDEND OF  12.0 AU CENTS PER SHARE
    * HY REVENUE FROM ORDINARY ACTIVITIES UP 49.9% TO A$ 3,842.1
MILLION
    * DECLARES INTERIM SPECIAL DIVIDEND OF 12.0 AU CENTS PER
SHARE
    * HY NET PROFIT ATTRIBUTABLE  UP MORE THAN 100% TO A$246.0
MILLION
    * FOR OILSEEDS,  SEES STRONG DEMAND FOR RENEWABLE
FUELS/FEEDSTOCK,
SUPPORTED BY MANDATES FOR BIOFUEL USE
    * FOR FOODS PROCESSING, SEES STRONG DEMAND FOR REFINED
VEGETABLE
OILS, DRIVEN PARTIALLY BY BLACK SEA SUPPLY DISRUPTIONS
    * FY22 GUIDANCE CONFIRMED
    * RECENT WEATHER PATTERNS AND CONTINUED LA NIÑA CONDITIONS
PROVIDED EXCELLENT PLANTING CONDITIONS FOR 2022-23 WINTER CROP
TO DATE
    * LAUNCHED GRAINCORP VENTURES, A$30 MILLION CORPORATE
VENTURE
CAPITAL FUND TO INVEST IN AGTECH START-UPS

Source text for Eikon:  ID:nASX9NqSFB 
Further company coverage:  GNC.AX 

 ((Reuters.Briefs@thomsonreuters.com;))