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You are here: Home Archive 2009 Feb 11 AWB shares plummet on profit revision

AWB shares plummet on profit revision

by Obsidian last modified Feb 11, 2009 12:00 AM

by Daniel O'Leary 10:39AM, 11 Feb 2009

AWB revised its profit outlook yesterday for the first six months of 2008/09, slashing estimates of first half after tax profit by 45-55%.

The former wheat export monopoly blamed the revision on weaker operating conditions compared with the corresponding period...

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