Business
SA listed companies have gained ground on the Australian Securites Exchange in the first five weeks of the new financial year as the volatile market inches back from March’s pandemic cliff.
Business
Elders’ net profit has slipped 3.7 per cent to $68.9 million, but its suite of new purchases has helped offset drought-ravaged cropping and wool volumes.
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Agribusiness Elders has announced it will no longer undertake exports of live cattle to long-haul destinations, and will divest its short-haul and air-freight live animal export businesses.
Agribusiness Elders is raising $102 million from investors so it can buy back the group’s hybrid securities and simplify its share structure.
Agribusiness group Elders has gone into a trading halt ahead of announcing details of a capital-raising.
Agribusiness Elders expects to improve on last year’s annual profit despite a mixed outlook for the second half of its fiscal year.
