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GrainCorp Faces Revenue and Profit Decline in 2024
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GrainCorp Faces Revenue and Profit Decline in 2024

Graincorp Limited Class A (AU:GNC) has released an update.

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GrainCorp Limited has reported a significant decrease in its financial performance for the year ending September 2024, with revenue down by 20.9% to $6.5 billion and net profit plummeting by 75.3% to $61.8 million. Despite these challenges, the company has declared a final ordinary dividend of 14 cents and a special dividend of 10 cents per share. Investors will be keenly watching how GrainCorp navigates these financial hurdles in the coming year.

For further insights into AU:GNC stock, check out TipRanks’ Stock Analysis page.

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