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BRIEF-Graincorp FY net profit down 3.7 pct to A$30.9 mln

Published 16/11/2016, 09:28 am
© Reuters.  BRIEF-Graincorp FY net profit down 3.7 pct to A$30.9 mln
GNC
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Nov 16 (Reuters) - Graincorp Ltd GNC.AX

* FY net profit for period attributable to owners of graincorp down 3.7% to A$30.9 mln

* FY revenue from ordinary activities up 1.8 percent to A$4.16 billion

* Has declared a final dividend of 3.5 cents per share

* expect to face continued challenges such as low global grain prices and a global oversupply of grain

* We expect 2017 to be a stronger year for the grains businesses Source text for Eikon: ID:nASX6fxjQY Further company coverage: GNC.AX

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