Bumper harvest set to give GrainCorp three-fold profit windfall

Australia’s record winter crop harvest is set to lift profits for eastern seaboard grain handler, GrainCorp, by $53 million to between $130 and $160 million for the 2016-17 financial year despite a slump in global wheat prices, according to preliminary results released at the company’s annual general meeting today. The post Bumper harvest set to give GrainCorp three-fold profit windfall appeared first on Grain Central.

Source: Grain Central
Bumper harvest set to give GrainCorp three-fold profit windfall